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Nisshin OilliO Reports Increased Sales Amidst Profit Challenges

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Nisshin OilliO Reports Increased Sales Amidst Profit Challenges

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Nisshin OilliO Group, Ltd. ( (JP:2602) ) has shared an update.

Nisshin OilliO Group reported a 3.5% increase in net sales for the nine months ending December 31, 2024, despite a decline in operating and ordinary profits. The company has maintained its dividend forecast and expects a slight growth in net sales for the fiscal year ending March 31, 2025, reflecting a stable financial position but facing challenges in profit margins.

More about Nisshin OilliO Group, Ltd.

The Nisshin OilliO Group, Ltd. operates in the food industry with a focus on producing and distributing edible oils. The company is listed on the Tokyo Stock Exchange and specializes in a range of oil-related products.

YTD Price Performance: -0.68%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.02B

See more insights into 2602 stock on TipRanks’ Stock Analysis page.

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