ITO EN Reports Decline in Q3 Profits but Forecasts Recovery

ITO EN ( (JP:2593) ) has provided an update.

ITO EN, LTD. reported a decline in its financial performance for the third quarter ending January 31, 2025, with net sales increasing by 4.2% but operating and ordinary income decreasing by 18.2% and 20.6%, respectively. Despite the downturn in profits, the company forecasts a modest recovery in the fiscal year ending April 30, 2025, with expected increases in net sales and operating income, indicating potential stabilization and growth in the coming months.

More about ITO EN

ITO EN, LTD. operates in the beverage industry, primarily focusing on the production and distribution of tea-based drinks, including green tea, as well as other beverage products. The company is a significant player in the Japanese market, known for its emphasis on health-oriented products.

YTD Price Performance: -1.27%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $2.31B

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