Morinaga & Co (JP:2201) has released an update.
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Morinaga & Co., Ltd. reports positive financial growth in their latest quarterly results with an 11.4% increase in net sales and a 12.9% rise in profits attributable to owners compared to the previous year. The company’s operating profit also saw a significant boost of 16.2%, reflecting a robust performance. Their capital adequacy ratio improved to 60.5%, indicating a strong financial position.
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