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Prima Meat Packers,Ltd. ( (JP:2281) ) has provided an update.
Prima Meat Packers, Ltd. reported a 2.3% increase in net sales for the nine months ending December 31, 2024, compared to the previous year. However, the company experienced a decline in operating profit by 20.4% and ordinary profit by 16.0%, indicating challenges in maintaining profitability despite increased sales. The company has revised its financial results forecast for the fiscal year ending March 31, 2025, reflecting a cautious outlook with anticipated growth in net sales but a decrease in operating and ordinary profits. This adjustment suggests a strategic response to current market conditions and potential impacts on stakeholders.
More about Prima Meat Packers,Ltd.
Prima Meat Packers, Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the meat packing industry. The company focuses on producing and distributing meat products and related goods.
YTD Price Performance: -3.06%
Average Trading Volume: 88,374
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen108.2B
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