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Foodison, Inc. Reports Mixed Financial Results for Nine Months Ending December 2024

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Foodison, Inc. Reports Mixed Financial Results for Nine Months Ending December 2024

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The latest announcement is out from Foodison,Inc. ( (JP:7114) ).

Foodison, Inc. reported its consolidated financial results for the nine months ended December 31, 2024, showing an 8% increase in net sales to 5,123 million yen compared to the previous year. However, the company experienced a slight decline in profit attributable to owners of the parent by 1% to 136 million yen. Despite these challenges, the equity-to-asset ratio improved to 68.8%, indicating a relatively strong financial position. The forecast for the fiscal year ending March 31, 2025, anticipates a 7.8% increase in net sales, though profits are expected to decline. The company has not announced any cash dividends for this period.

More about Foodison,Inc.

Foodison, Inc. operates in the food industry, focusing on delivering a range of food products and services. The company is listed on the Tokyo Stock Exchange and is committed to providing high-quality food solutions to meet diverse market needs.

YTD Price Performance: 13.54%

Average Trading Volume: 5,333

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen5.28B

See more insights into 7114 stock on TipRanks’ Stock Analysis page.

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