Fuji Oil Company. Limited (JP:5017) has released an update.
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Fuji Oil Company, Ltd. reported a significant rise in net sales by 33.6% for the first half of the fiscal year 2024 compared to the same period last year. Despite the increase in sales, the company faced operating and ordinary losses, attributing to a challenging financial position. The forecast for the full fiscal year indicates a continued struggle with projected losses, highlighting the need for strategic adjustments.
For further insights into JP:5017 stock, check out TipRanks’ Stock Analysis page.
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