Foodison,Inc. (JP:7114) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Foodison, Inc. reports strong financial growth in the first quarter of 2024 with a 10.5% increase in net sales and over 100% rise in profit attributable to owners compared to the previous year. The company’s equity-to-asset ratio also improved to 67.4%, indicating a solid financial position. Despite a lack of dividend payments, the forecast for the full fiscal year remains positive with significant expected gains in both profits and earnings per share.
For further insights into JP:7114 stock, check out TipRanks’ Stock Analysis page.