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Kyokuyo Co., Ltd. Reports Strong Q3 Results and Expansion
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Kyokuyo Co., Ltd. Reports Strong Q3 Results and Expansion

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The latest announcement is out from Kyokuyo Co., Ltd. ( (JP:1301) ).

Kyokuyo Co., Ltd. reported strong financial performance for the third quarter ending December 31, 2024, with significant year-over-year increases in net sales, operating profit, and profit attributable to owners of the parent. The company’s comprehensive income rose by 25.5%, reflecting its improved operational efficiency and strategic market positioning. Additionally, Kyokuyo has revised its year-end dividend forecast upwards, indicating confidence in its continued financial growth. The inclusion of five new companies, including Pacific Scallop Co., Ltd., into its consolidation scope marks a significant expansion step, potentially enhancing its market footprint.

More about Kyokuyo Co., Ltd.

Kyokuyo Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily in the seafood industry. It focuses on the production and distribution of various seafood products, catering to both domestic and international markets.

YTD Price Performance: 3.25%

Average Trading Volume: 10

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €306.2M

Learn more about 1301 stock on TipRanks’ Stock Analysis page.

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