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TSI Holdings Announces Q2 Earnings Deviations

TSI Holdings Announces Q2 Earnings Deviations

TSI Holdings Co (JP:3608) has released an update.

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TSI Holdings Co., Ltd. reports deviations between its previously announced second-quarter earnings forecast and the actual results for the interim period ending August 31, 2024, with an increased operating loss due to higher SG&A expenses influenced by foreign exchange rates. The company’s ordinary income also saw a decrease, while net income saw an improvement due to a reassessment of deferred tax assets, culminating in a net loss of 791 million yen. Despite these differences, the full-year forecast remains unchanged.

For further insights into JP:3608 stock, check out TipRanks’ Stock Analysis page.

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