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Ezaki Glico Co., Ltd. ( (JP:2206) ) has provided an announcement.
Ezaki Glico Co., Ltd. reported a decrease in its financial performance for the fiscal year ended December 31, 2024, with net sales slightly declining by 0.4% to ¥331,129 million. Operating profit and ordinary profit saw significant drops of 40.6% and 37.3% respectively, indicating challenges in maintaining profitability. The company’s net assets increased, resulting in a stronger shareholders’ equity ratio of 72%. However, cash flows from operating activities drastically reduced, affecting the company’s liquidity position. This financial downturn might impact Ezaki Glico’s market positioning and stakeholders’ outlook.
More about Ezaki Glico Co., Ltd.
Ezaki Glico Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily operating in the food industry. The company is well-known for its production of confectioneries, processed foods, and dairy products, catering to a diverse consumer base with a focus on quality and innovation.
YTD Price Performance: 3.57%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.88B
Learn more about 2206 stock on TipRanks’ Stock Analysis page.
