Sakata Seed Corporation (JP:1377) has released an update.
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SAKATA SEED CORPORATION reported a 9.5% increase in net sales to 20,988 million yen and a 16.8% rise in operating profit to 2,729 million yen for the three months ending August 31, 2024, despite a significant drop in profit attributable to owners of the parent and ordinary profit. The earnings per share decreased to 25.71 yen from 44.19 yen in the previous year. The company maintains a solid equity ratio of 84.8% and forecasts a full-year net sales growth of 5.4% with earnings per share expected at 182.44 yen.
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