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FUTABA Shows Resilience Amidst Sales Decline

FUTABA Shows Resilience Amidst Sales Decline

Futaba (JP:6986) has released an update.

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FUTABA CORPORATION reported a decrease in net sales by 8.4% and a significant reduction in losses for the three months ending June 30, 2024, compared to the previous year. The company’s total and net assets have slightly increased, indicating a stable equity ratio around 75%. Despite the challenging quarter, FUTABA did not revise its dividend policy, maintaining its forecasted annual dividend at 10 yen per share.

For further insights into JP:6986 stock, check out TipRanks’ Stock Analysis page.

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