tiprankstipranks
Trending News
More News >

Mitsui DM Sugar Sees Sales Surge but Profits Dip

Mitsui DM Sugar Sees Sales Surge but Profits Dip

Mitsui DM Sugar Holdings Co.Ltd (JP:2109) has released an update.

Confident Investing Starts Here:

Mitsui DM Sugar Holdings Co., Ltd. reported a 4.6% increase in net sales for the first half of fiscal year 2024, reaching 88,071 million yen, with operating income surging by 421.5% to 6,496 million yen. Despite the rise in sales and operating income, profit attributable to owners of the parent declined by 9.8% to 5,474 million yen, and earnings per share dropped from 187.99 yen to 169.64 yen. The company has also revised its full-year business forecasts, projecting a 5.4% rise in net sales and a 17.1% drop in profit attributable to owners of the parent.

For further insights into JP:2109 stock, check out 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