Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Kagome Co., Ltd. ( (JP:2811) ) has provided an announcement.
Kagome Co., Ltd. reported significant financial growth for the fiscal year ending December 31, 2024, with a 36.5% increase in revenue and a 139.8% increase in net income attributable to shareholders. This impressive performance was largely driven by their strong operational results, as indicated by a 39.1% rise in core operating income. However, the company anticipates a decrease in revenue and net income for the fiscal year ending December 31, 2025, reflecting potential challenges in maintaining this growth momentum. Additionally, the company announced changes in its subsidiary structure with the inclusion of Ingomar Packing Company, LLC, which could impact its consolidation scope and strategic direction.
More about Kagome Co., Ltd.
Kagome Co., Ltd. operates in the food industry and is primarily focused on the production and sale of tomato-based products. The company is listed on the Tokyo and Nagoya stock exchanges and is recognized for its emphasis on sustainable agriculture and health-oriented food products.
YTD Price Performance: -2.08%
Average Trading Volume: 305,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen258.8B
Learn more about 2811 stock on TipRanks’ Stock Analysis page.
