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Shoei Foods Corporation ( (JP:8079) ) has shared an update.
Shoei Foods Corporation reported a 13.2% increase in net sales for the three months ending January 31, 2025, compared to the same period last year. Despite the rise in sales, the company experienced a decline in operating profit by 3.7% and a significant drop in profit attributable to owners of the parent by 17.1%. The company’s financial forecast for the fiscal year ending October 31, 2025, anticipates slight decreases in net sales and profits, with no revisions to the previously announced forecasts. This indicates potential challenges in maintaining profitability despite sales growth, impacting stakeholders’ expectations.
More about Shoei Foods Corporation
Shoei Foods Corporation is a company listed on the Tokyo Stock Exchange, primarily involved in the food industry. The company focuses on the production and distribution of various food products, serving a diverse market with a range of offerings.
YTD Price Performance: 3.59%
Average Trading Volume: 48,250
Technical Sentiment Signal: Hold
Current Market Cap: Yen70.36B
See more insights into 8079 stock on TipRanks’ Stock Analysis page.