Unipres (JP:5949) has released an update.
Unipres Corporation has revised its business forecasts for FY2024, anticipating a significant decrease in net income due to declining customer sales and rising costs. The company now expects net sales to fall by 3% and net income to plummet by over 81% compared to its previous predictions. This adjustment reflects the challenges posed by lower production volumes and increased material and labor expenses.
For further insights into JP:5949 stock, check out TipRanks’ Stock Analysis page.
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