Ichimasa Kamaboko Reports Profit Growth Amid Strategic Expansion

Ichimasa Kamaboko Co., Ltd. ( (JP:2904) ) just unveiled an update.

Ichimasa Kamaboko Co., Ltd. reported a modest increase in net sales for the six months ending December 31, 2024, with a 1.1% rise to ¥19,053 million. The company saw significant growth in profits, with operating profit up by 10.7% and ordinary profit increasing by 16.3%. The financial results indicate strong operational performance, despite a slight decrease in equity ratio, signaling stability and potential for further growth. The inclusion of PT. KML ICHIMASA FOODS in the consolidation scope highlights strategic expansion, which may enhance the company’s market position and revenue streams.

More about Ichimasa Kamaboko Co., Ltd.

Ichimasa Kamaboko Co., Ltd. operates in the food industry, primarily engaged in the production and sale of kamaboko, a type of cured surimi product. The company is listed on the Tokyo Stock Exchange and has a market focus on traditional Japanese food products.

YTD Price Performance: -1.74%

Average Trading Volume: 11,308

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen13.53B

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