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Meiji Holdings Co ( (JP:2269) ) has shared an update.
Meiji Holdings Co., Ltd. reported its consolidated financial results for the first nine months ending December 31, 2024, showing a 5.0% increase in net sales compared to the previous year, reaching JPY 875,026 million. However, operating and ordinary profits decreased by 4.7% and 4.8% respectively, indicating challenges in maintaining profitability. Comprehensive income also saw a significant decline of 25.5%. The company has added Taiwan Meiji Pharma Co., Ltd. to its consolidation scope while removing two other companies, which might impact its market presence and strategic focus.
More about Meiji Holdings Co
Meiji Holdings Co., Ltd. operates in the food and pharmaceutical industries, focusing on dairy products, confectioneries, and nutritional products. It is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -0.40%
Average Trading Volume: 125
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.51B
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