tiprankstipranks
Skymark Airlines Posts Significant Foreign Exchange Gain
Company Announcements

Skymark Airlines Posts Significant Foreign Exchange Gain

Skymark Airlines Inc. (JP:9204) has released an update.

Don't Miss our Black Friday Offers:

Skymark Airlines Inc. reported a substantial non-operating income gain of 1,101 million yen from foreign exchange in the first quarter of the fiscal year ending March 31, 2025. These earnings are attributed to the revaluation of foreign currency assets due to exchange rate fluctuations. The company has factored this gain into its financial results as per Japanese GAAP.

For further insights into JP:9204 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