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Cosmos Pharma Reports Growth and Plans Stock Split

Cosmos Pharma Reports Growth and Plans Stock Split

COSMOS Pharmaceutical Corporation (JP:3349) has released an update.

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Cosmos Pharmaceutical Corporation reported an increase in net sales to 964,989 million yen for the fiscal year ended May 31, 2024, a 16.6% rise from the previous year, with a profit attributable to owners of 24,454 million yen, marking a 2.8% increase. The company also announced a dividend of 120.00 yen per share, an uptick from the previous year’s 100.00 yen, with a planned 2-for-1 stock split in September 2024. Looking ahead, Cosmos projects a continuation of growth for the fiscal year ending May 31, 2025, with an anticipated net sales of 1,037,000 million yen.

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