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Kewpie Corporation Reports Strong Profit Growth Despite Income Declines

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Kewpie Corporation Reports Strong Profit Growth Despite Income Declines

Confident Investing Starts Here:

Kewpie Corporation ( (JP:2809) ) just unveiled an announcement.

Kewpie Corporation reported a 4.7% increase in net sales for the first quarter of fiscal year 2025, although operating and ordinary income saw declines of 29.0% and 26.3% respectively. Despite these declines, profit attributable to owners of the parent surged by 111.6%, indicating a strong bottom-line performance. The company also announced a commemorative dividend for its 100th anniversary of Kewpie Mayonnaise, highlighting its long-standing market presence and commitment to shareholder returns.

More about Kewpie Corporation

Kewpie Corporation is a prominent player in the food industry, primarily known for its production of mayonnaise and other food products. The company is listed on the Tokyo Stock Exchange and has a significant market presence in Japan and internationally.

YTD Price Performance: -11.56%

Average Trading Volume: 31

Technical Sentiment Signal: Buy

Current Market Cap: €2.51B

See more insights into 2809 stock on TipRanks’ Stock Analysis page.

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