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FEED ONE CO. Mixed Financial Performance

FEED ONE CO. Mixed Financial Performance

FEED ONE CO (JP:2060) has released an update.

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FEED ONE CO., LTD. reported a decrease in net sales by 6.9% but an increase in operating profit by 9.3% and ordinary profit by 11.4% for the quarter ending June 30, 2024, compared to the previous year. The profit attributable to owners surged by 41.6%. Despite a drop in total net sales forecasted for the full year, the company maintains its dividend payout plan.

For further insights into JP:2060 stock, check out TipRanks’ Stock Analysis page.

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