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Marumae Co., Ltd. Faces Sharp Profit Decline

Marumae Co., Ltd. Faces Sharp Profit Decline

Marumae Co., Ltd. (JP:6264) has released an update.

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Marumae Co., Ltd. reports a significant downturn in the fiscal year 2024, with net sales dropping by 30.9% and profits by 97.2% compared to the previous year. The company’s operating and ordinary profits also saw a steep decline, and cash flow from operations decreased substantially. Despite these results, the company has scheduled dividend payments, although at a reduced rate from the previous year.

For further insights into JP:6264 stock, check out TipRanks’ Stock Analysis page.

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