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Takara Bio Reports Nine-Month Financial Results and Revised Forecast

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Takara Bio Reports Nine-Month Financial Results and Revised Forecast

Elevate Your Investing Strategy:

Takara Bio Inc. ( (JP:4974) ) has provided an announcement.

Takara Bio Inc. reported a decrease in net sales for the nine months ending December 31, 2024, with a notable decline in operating and ordinary profits compared to the previous year. Despite declining performance in the interim period, the company has revised its full-year forecast, anticipating a modest recovery in sales and profits by the end of the fiscal year, signaling a potential stabilization in its financial health.

More about Takara Bio Inc.

Takara Bio Inc. is a company listed on the Tokyo Stock Exchange with a focus on biotechnology. It specializes in the development and distribution of products and services related to genetic engineering, including reagents and kits for gene amplification and detection.

YTD Price Performance: -4.29%

Average Trading Volume: 167,496

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen121B

Find detailed analytics on 4974 stock on TipRanks’ Stock Analysis page.

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