Kaneko Seeds Co., Ltd. (JP:1376) has released an update.
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Kaneko Seeds Co., Ltd. reports an 8.1% increase in net sales for the quarter ending August 2024, but a significant decline in profits with operating, ordinary, and net profit attributable to owners down by 48.9%, 37.8%, and 49.0% respectively. The company forecasts a 3.1% rise in net sales and an 11.4-11.6% increase in operating and ordinary profits for the full year ending May 2025. No dividend payments were scheduled, and changes in accounting policies have been applied during this quarter.
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