tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shinnihonseiyaku Reports Strong Q3 Financial Growth

Shinnihonseiyaku Reports Strong Q3 Financial Growth

Shinnihonseiyaku Co., Ltd. (JP:4931) 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.

Shinnihonseiyaku Co., Ltd. reported a robust financial performance for the third quarter of fiscal year ending September 2024, with net sales increasing by 6.2% year-on-year to 29,606 million yen and operating profit rising 13.8% to 3,230 million yen. The growth was particularly strong in the healthcare sector, which saw a 39.0% increase, driven by products like Aojiru and Slimore Coffee, while the cosmetics segment also grew thanks to successful sales of PERFECT ONE and the FOCUS line. The company is on track to meet its full-year plan and is planning further investments for growth in the next fiscal year.

For further insights into JP:4931 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1