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Nippon Beet Sugar Manufacturing Co., Ltd. ( (JP:2108) ) has shared an announcement.
Nippon Beet Sugar Manufacturing Co., Ltd. reported a significant decrease in net sales and operating profit for the nine months ended December 31, 2024. Despite the decline in sales, the company saw a substantial increase in profit attributable to the owners of the parent, largely due to strategic adjustments and cost management. The company has revised its full-year forecast, anticipating further declines in net sales and operating profit, but projecting a notable rise in profit attributable to the owners of the parent, which could positively impact shareholder returns.
More about Nippon Beet Sugar Manufacturing Co., Ltd.
Nippon Beet Sugar Manufacturing Co., Ltd. operates in the sugar manufacturing industry, primarily focusing on the production of beet sugar. The company is listed on the Tokyo Stock Exchange under the securities code 2108.
YTD Price Performance: -1.93%
Average Trading Volume: 14,623
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen32.81B
See more insights into 2108 stock on TipRanks’ Stock Analysis page.