CERES INC. (JP:3696) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.