tiprankstipranks
Trending News
More News >

Kissei Pharmaceutical Reports Strong Fiscal 2024 Performance with Strategic Market Expansion

Story Highlights
  • Kissei Pharmaceutical Co achieved a 16.9% increase in net sales for Fiscal 2024.
  • The company expanded its market presence through licensing agreements and product launches.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kissei Pharmaceutical Reports Strong Fiscal 2024 Performance with Strategic Market Expansion

Confident Investing Starts Here:

Kissei Pharmaceutical Co ( (JP:4547) ) just unveiled an update.

Kissei Pharmaceutical Co reported a significant financial performance for Fiscal 2024, with net sales reaching ¥88,330 million, marking a 16.9% increase year-over-year, and an operating profit of ¥5,773 million, a 43.7% rise. The growth was driven by increased sales in both domestic and international markets, particularly through the expansion of products like Linzagolix and Fostamatinib. The company also saw a rise in R&D expenses due to new product developments and licensing agreements, indicating a strategic focus on innovation and market expansion.

More about Kissei Pharmaceutical Co

Kissei Pharmaceutical Co is a company operating in the pharmaceutical industry, focusing on developing and marketing pharmaceuticals. The company is involved in both domestic and international markets, with a particular emphasis on expanding its presence through licensing agreements and marketing authorizations.

Average Trading Volume: 72,814

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen160.2B

For detailed information about 4547 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, 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
1