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Morinaga & Co. Sees Growth in Sales Despite Income Dip

Morinaga & Co. Sees Growth in Sales Despite Income Dip

Morinaga & Co (JP:2201) has released an update.

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Morinaga & Co. reported an 8.4% increase in net sales to 118,845 million yen for the six months ending September 30, 2024, although operating and ordinary income slightly decreased by around 2%. The company anticipates continued growth with expected annual net sales of 227,000 million yen, reflecting a 6.4% increase.

For further insights into JP:2201 stock, check out TipRanks’ Stock Analysis page.

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