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Nitta Gelatin Inc. Shows Strong Profit Growth Despite Slight Sales Decline

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Nitta Gelatin Inc. Shows Strong Profit Growth Despite Slight Sales Decline

The latest announcement is out from Nitta Gelatin Inc. ( (JP:4977) ).

Nitta Gelatin Inc. reported a slight decrease in net sales for the third quarter of fiscal year 2024, but achieved significant growth in operating and ordinary profits. This improvement suggests a stronger operational performance, with the company’s profit attributable to owners recovering from a previous loss, reflecting positive financial health and stability.

More about Nitta Gelatin Inc.

Nitta Gelatin Inc. operates within the general business category, focusing on the production and sale of gelatin and collagen-related products. The company is listed on the Tokyo and Tokyo Standard stock exchanges, primarily serving the dietary supplement, food, and pharmaceutical industries.

YTD Price Performance: -1.88%

Average Trading Volume: 68,855

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen13.23B

Find detailed analytics on 4977 stock on TipRanks’ Stock Analysis page.

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