SALA Corporation Foresees Recovery by Fiscal Year-End

Sala Corporation (JP:2734) has released an update.

SALA Corporation reported a slight decrease in net sales and a significant drop in profit attributable to owners in their nine months financial results ending August 2024, with net sales falling by 2.7% and profits by 18.8%. The equity-to-asset ratio saw a minor improvement from 40.8% to 41.5%. Despite these mixed results, SALA anticipates an increase in net sales and profits by the end of the fiscal year in November 2024, forecasting a 5.3% growth in sales and a reduced 11.5% decline in owner profits.

For further insights into JP:2734 stock, check out TipRanks’ Stock Analysis page.