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Starzen Co., Ltd. Announces Nine-Month Financial Results Showing Sales Increase and Profit Decline

Story Highlights
  • Starzen Co., Ltd. focuses on meat products, serving domestic and international markets.
  • Starzen reported increased sales but decreased profits for the nine months ending December 2024.
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Starzen Co., Ltd. Announces Nine-Month Financial Results Showing Sales Increase and Profit Decline

The latest announcement is out from Starzen Company Limited ( (JP:8043) ).

Starzen Co., Ltd. reported its consolidated financial results for the nine months ending December 31, 2024. The company experienced a 5.8% increase in net sales compared to the previous year, but saw declines in operating income and profit attributable to owners of the parent by 4.8% and 5.9% respectively. Despite these declines, the company’s total assets increased from March 2024 to December 2024, indicating some operational stability. The company maintained its financial forecasts and dividend predictions, suggesting confidence in its market positioning amidst changing economic conditions.

More about Starzen Company Limited

Starzen Co., Ltd. is listed on the Tokyo Stock Exchange and operates within the food industry, primarily focusing on meat products. The company is engaged in the processing and distribution of meat, catering to both domestic and international markets.

YTD Price Performance: -0.34%

Average Trading Volume: 20,788

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen56.38B

Find detailed analytics on 8043 stock on TipRanks’ Stock Analysis page.

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