KANRO Co., Ltd. (JP:2216) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kanro Inc. has upgraded its financial outlook for the first half and full fiscal year of 2024, following strong sales, particularly in the gummy candy market, and efficiency improvements leading to higher profits. In response to these positive developments, the company has also raised its interim and year-end cash dividend forecasts, reflecting a commitment to enhancing shareholder returns as part of its medium-term strategy.
For further insights into JP:2216 stock, check out TipRanks’ Stock Analysis page.