Remixpoint Faces Profit Drop Amidst Stable Sales
Company Announcements

Remixpoint Faces Profit Drop Amidst Stable Sales

Remixpoint, Inc. (JP:3825) has released an update.

Remixpoint, Inc. reports a marginal increase in net sales but a significant decline in profits for the quarter ending June 30, 2024, with operating profit, ordinary profit, and profit attributable to owners plummeting by more than 77%. Despite the drop in profits, the company’s equity ratio remains high at 89.2%. No dividends have been declared, and the forecast for the full fiscal year indicates a modest rise in sales but a substantial fall in profits.

For further insights into JP:3825 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App