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Morinaga Milk Reports Q3 Sales Growth Amid Profit Decline

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Morinaga Milk Reports Q3 Sales Growth Amid Profit Decline

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Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) just unveiled an update.

Morinaga Milk Industry Co., Ltd. reported its financial results for the third quarter of the fiscal year ending March 31, 2025, showing a modest increase in net sales by 1.8% compared to the previous year. However, the company’s operating profit and profit attributable to owners of the parent saw a significant decline of 8.9% and 76.5%, respectively, indicating potential challenges in maintaining profitability despite sales growth.

More about Morinaga Milk Industry Co., Ltd.

Morinaga Milk Industry Co., Ltd. operates in the dairy industry, focusing on producing and selling a range of dairy products. The company is known for its diverse offerings in milk, yogurt, and other related products, catering to both domestic and international markets.

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.

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