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Toyo Suisan Kaisha ( (JP:2875) ) has issued an announcement.
Toyo Suisan Kaisha reported a significant increase in its financial performance for the nine months ended December 31, 2024, with net sales rising by 10.3% and operating profit increasing by 29.8% compared to the previous year. The company achieved a notable profit attributable to owners of the parent of 52,266 million yen, marking a 31.0% rise. The introduction of Tsukuba Foods, Ltd. into its consolidated financials and changes in accounting policies contributed to the results. The company maintains a strong financial position with a high equity ratio, and it has announced a dividend forecast, indicating stable returns for shareholders.
More about Toyo Suisan Kaisha
Toyo Suisan Kaisha, Ltd. operates in the food industry, primarily involved in the production and sale of instant noodles and other related food products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its brand, Maruchan. It focuses on the Japanese and international markets, providing a wide range of food items.
YTD Price Performance: -1.19%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.79B
For an in-depth examination of 2875 stock, go to TipRanks’ Stock Analysis page.
