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Altech Shares Fall to Year-to-Date Low After Swing to Net Loss in December?February Quarter
Altech <9972> Shares Fall Sharply, Matching Year-to-Date Low Set on April 1. After the Close of Trading on the 9th, Altech Announced Its Consolidated Financial Results for the First Quarter (December 2025 to February 2026) of the Fiscal Year Ending November 2026. Revenue Totaled \3.446 Billion (down 29.2% Year on Year), Operating Profit Came to \26 Million (down 81.1% Year on Year), and the Company Swung to a Net Loss of \18 Million from a Net Profit of \37 Million in the Same Period a Year Earlier. The Swing to a Net Loss Triggered Selling Pressure.
The Trading Segment Fell into the Red Due to a Decline in Sales Volume of Large Machinery. The Company Left Its Full-Year Guidance Unchanged.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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