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Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) just unveiled an update.
Morinaga Milk Industry Co., Ltd. reported a slight increase in net sales for the third quarter ending December 31, 2024, compared to the same period in the previous year. However, there was a notable decline in operating profit and profit attributable to owners, reflecting ongoing challenges in maintaining profitability. This downturn in profits might affect stakeholders’ confidence and could influence Morinaga’s strategic adjustments to enhance its financial performance.
More about Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd. operates within the dairy industry, providing a range of milk products and other dairy-related services. The company is listed on the Tokyo Stock Exchange and has a significant market presence in Japan.
YTD Price Performance: -5.99%
Average Trading Volume: 353,543
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen245.3B
For a thorough assessment of 2264 stock, go to TipRanks’ Stock Analysis page.