Nichiden Corporation (JP:9902) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Nichiden Corporation reported a 4% increase in net sales for the six months ended September 30, 2024, reaching 64,944 million yen, although profits decreased compared to the previous year. The company’s earnings per share fell to 67.36 yen from 80.78 yen in the previous period. Despite these challenges, Nichiden projects a full-year sales growth of 5.6% by March 2025.
For further insights into JP:9902 stock, check out TipRanks’ Stock Analysis page.