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Riken Vitamin Reports Increased Sales Amid Decline in Profit Margins

Story Highlights
  • Riken Vitamin reported a 5.5% sales increase for the nine months ended December 2024.
  • Despite profit declines, Riken Vitamin improved its equity ratio and revised forecasts upward.
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Riken Vitamin Reports Increased Sales Amid Decline in Profit Margins

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An update from Riken Vitamin Co., Ltd. ( (JP:4526) ) is now available.

Riken Vitamin Co., Ltd. reported a 5.5% increase in net sales for the nine months ended December 31, 2024, with operating and ordinary profit slightly declining compared to the previous year. Despite these declines, the company’s equity ratio improved, indicating a stronger financial position. The company has revised its forecasts for the year ending March 31, 2025, projecting a modest increase in profit attributable to owners of the parent, alongside a revision of cash dividend forecasts.

More about Riken Vitamin Co., Ltd.

Riken Vitamin Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily engaged in the production and distribution of vitamins and related products. The company focuses on the health and wellness industry.

YTD Price Performance: -4.08%

Average Trading Volume: 42,433

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen60.72B

See more data about 4526 stock on TipRanks’ Stock Analysis page.

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