Business
Galilei Co: Sales and profits rose, but net income fell; stock split and lower full-year profit forecast
Galilei Co: Sales and profits rose, but net income fell; stock split and lower full-year profit forecast
About this update from Galilei Co.ltd.
Net sales and profits increased year-over-year for the nine months ended December 31, 2024, but profit attributable to owners of parent and comprehensive income declined. A 2-for-1 stock split was implemented, and full-year guidance projects modest sales growth but lower profits.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.