tiprankstipranks
Trending News
More News >

Morinaga Milk Reports Modest Sales Growth Amid Profit Decline

Morinaga Milk Reports Modest Sales Growth Amid Profit Decline

Morinaga Milk Industry Co., Ltd. (JP:2264) has released an update.

Confident Investing Starts Here:

Morinaga Milk Industry Co., Ltd. reported a modest 1.4% increase in net sales for the first half of the fiscal year ending March 31, 2025, despite a significant drop in profits. The company’s operating profit fell by 16%, and its profit attributable to owners plummeted by 83.6%, highlighting challenges in maintaining profitability. Investors may note adjustments in dividend forecasts and financial result projections for the coming fiscal year.

For further insights into JP:2264 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