Yomeishu Seizo Co., Ltd. (JP:2540) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Yomeishu Seizo Co., Ltd., a company listed on the Tokyo and Nagoya stock exchanges, has reported a decrease in net sales by 2.9% and a significant decline in operating profit by 86.5% for the quarter ending June 2024, compared to the previous year. The company also saw a reduction in both ordinary profit and net profit, with basic earnings per share dropping to 14.13 yen. Despite these results, Yomeishu maintains a strong capital adequacy ratio of 85.5%, with total assets slightly increasing to 54,750 million yen.
For further insights into JP:2540 stock, check out TipRanks’ Stock Analysis page.