Sparx Group Co (JP:8739) has released an update.
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SPARX Group Co., Ltd. reports a modest increase in operating revenue by 13.8% and a slight rise in ordinary profit by 1.4% for the first quarter of FY2024, despite a significant drop in profit attributable to owners by 44.5%. The company’s total assets decreased compared to March 2024, but they maintain a solid equity ratio of 69.2%. The future dividend forecast remains undecided due to the unpredictable nature of their primary business in investment trust management and market conditions.
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