Will Group Reports Sharp Decline in Quarterly Profits

Will Group, Inc. (JP:6089) has released an update.

WILL GROUP, INC. reported a significant year-on-year decline in their three-month financial results, with operating profit, profit before tax, and profit attributable to owners of the parent plummeting by 84.4%, 89.5%, and 90.4% respectively. Despite the downturn, the company maintained a stable equity position and has revised its earnings forecasts for the upcoming fiscal year, indicating a cautious optimism for recovery. The financial position remains robust with a slight increase in total assets and a stable equity ratio.

For further insights into JP:6089 stock, check out TipRanks’ Stock Analysis page.