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Asahi Broadcasting Projects Recovery Despite Sales Dip

Asahi Broadcasting Group Holdings Corporation (JP:9405) has released an update.

Asahi Broadcasting Group Holdings Corporation reported a slight dip in net sales for the first half of 2024, recording ¥41,657 million, a 0.3% decrease from the previous year. Despite the decline, the company forecasts a modest recovery by the end of the fiscal year with anticipated net sales of ¥91,000 million and a significant increase in operating profit. The company remains committed to maintaining consistent annual dividends, reflecting its steady financial strategy.

For further insights into JP:9405 stock, check out TipRanks’ Stock Analysis page.

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