Mitsui DM Sugar’s Mixed Financial Results for Q1 FY2024

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

Mitsui DM Sugar Holdings Co., Ltd. reports a 5.9% increase in net sales for the first quarter of FY2024, with a significant rise in operating income by 554.0%, despite a decrease in profit attributable to owners by 47.9%. The company’s earnings per share have dropped to 89.52 yen from the previous year’s 171.96 yen, reflecting the downturn in profitability. No changes to the dividend forecast have been made, with an expected annual dividend similar to the prior year at 130.00 yen.

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