Shoei Foods Reports Strong Fiscal 2024 Results

Shoei Foods Corporation (JP:8079) has released an update.

Shoei Foods Corporation reported a 5.1% rise in net sales for the fiscal year ending October 31, 2024, with a significant 20% increase in operating profit and a 12.8% boost in profit attributable to owners of the parent. The company also announced a higher dividend payout and anticipates a slight decline in profits in the upcoming year. These results reflect the company’s strong financial performance and strategic growth initiatives, making it an attractive focus for investors.

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