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Marudai Food Co., Ltd. ( (JP:2288) ) has shared an update.
Marudai Food Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2025, with a slight decrease in net sales but significant improvements in operating and ordinary profits due to cost reductions and steady processed food sales. Despite an extraordinary impairment loss in its Fresh Meat Business, the company’s profit attributable to owners of the parent is expected to surpass previous forecasts, indicating resilience amidst rising raw material and logistics costs.
More about Marudai Food Co., Ltd.
Marudai Food Co., Ltd. operates in the food industry, focusing on the production and sale of fresh meat and processed food products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its emphasis on quality and innovation in food processing.
YTD Price Performance: 15.41%
Average Trading Volume: 500
Technical Sentiment Signal: Sell
Current Market Cap: €282.9M
See more insights into 2288 stock on TipRanks’ Stock Analysis page.