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Kaneko Seeds Posts Mixed Quarterly Financials
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Kaneko Seeds Posts Mixed Quarterly Financials

Kaneko Seeds Co., Ltd. (JP:1376) has released an update.

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Kaneko Seeds Co., Ltd. reports an 8.1% increase in net sales for the quarter ending August 2024, but a significant decline in profits with operating, ordinary, and net profit attributable to owners down by 48.9%, 37.8%, and 49.0% respectively. The company forecasts a 3.1% rise in net sales and an 11.4-11.6% increase in operating and ordinary profits for the full year ending May 2025. No dividend payments were scheduled, and changes in accounting policies have been applied during this quarter.

For further insights into JP:1376 stock, check out TipRanks’ Stock Analysis page.

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