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CERES INC. Boosts 2024 Profit Forecast and Dividends

CERES INC. Boosts 2024 Profit Forecast and Dividends

CERES INC. (JP:3696) has released an update.

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CERES INC. has revised its financial forecast for 2024, expecting higher profits due to improved gross margins and strong sales in its D2C business, alongside a dividend increase to ¥60 per share. This optimistic revision follows a period of growth in the crypto asset market and narrowing losses from a subsidiary. The dividend boost reflects CERES INC.’s commitment to shareholder value, marking its 10th anniversary of public listing.

For further insights into JP:3696 stock, check out TipRanks’ Stock Analysis page.

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