tiprankstipranks
Trending News
More News >

KANRO Co., Ltd. Reports Strong Financial Performance for FY2024

Story Highlights
KANRO Co., Ltd. Reports Strong Financial Performance for FY2024

Confident Investing Starts Here:

KANRO Co., Ltd. ( (JP:2216) ) has issued an announcement.

KANRO Co., Ltd. reported a strong financial performance for the fiscal year ended December 31, 2024, with significant increases in net sales and profits compared to the previous year. The company achieved a 9.5% increase in net sales and a 32.4% rise in profit, reflecting its robust market position and operational efficiency. The announcement also highlighted an increase in annual dividends, indicating a positive outlook for shareholders. The financial results underscore KANRO’s strategic growth and stability in the confectionery sector.

More about KANRO Co., Ltd.

KANRO Co., Ltd. operates in the confectionery industry, focusing on producing and selling candies and related products. The company is listed on the Tokyo Stock Exchange and is known for its commitment to quality and innovation in the candy market.

YTD Price Performance: -4.21%

Average Trading Volume: 66,001

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen50.16B

See more insights into 2216 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App