tiprankstipranks
Company Announcements

Kaneko Seeds Co., Ltd. Reports Mixed Financial Results for H1 2024

Story Highlights
Kaneko Seeds Co., Ltd. Reports Mixed Financial Results for H1 2024

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from Kaneko Seeds Co., Ltd. ( (JP:1376) ).

Kaneko Seeds Co., Ltd. reported an increase in net sales by 5.9% for the six months ending November 30, 2024, compared to the previous year. However, the company’s operating profit, ordinary profit, and profit attributable to owners of the parent saw declines of 11.9%, 7.1%, and 13.7%, respectively. The company’s financial position remains stable with a slight increase in net assets and equity ratio. Despite the mixed financial results, Kaneko Seeds maintains its dividend forecast for the year ending May 31, 2025, indicating confidence in its long-term financial strategy.

More about Kaneko Seeds Co., Ltd.

Kaneko Seeds Co., Ltd. operates in the agricultural industry, primarily focusing on the production and sale of seeds. The company is listed on the Tokyo Stock Exchange and is identified by stock code 1376.

YTD Price Performance: -2.06%

Average Trading Volume: 5,071

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen16.07B

For detailed information about 1376 stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1