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Nichireki Co. Faces Declines in Quarterly Profits

Nichireki Co. Faces Declines in Quarterly Profits

Nichireki Co., Ltd. (JP:5011) has released an update.

Nichireki Co., Ltd. reports a downturn in its quarterly financial performance, with notable declines in net sales by 1.0%, operating profit by 34.3%, and profit attributable to owners by a significant 81.0%, compared to the same period last year. The company’s equity ratio remained relatively stable at 78.5%, showing a slight decrease from the previous quarter. Despite the current performance, Nichireki maintains its dividend forecast with an expected annual total of 75.00 yen per share for the fiscal year ending March 31, 2025.

For further insights into JP:5011 stock, check out TipRanks’ Stock Analysis page.

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