WARABEYA NICHIYO reports mixed quarterly results

WARABEYA NICHIYO HOLDINGS Co., Ltd.JP:2918) has released an update.

WARABEYA NICHIYO HOLDINGS Co., Ltd. reported a 9.9% increase in net sales to 54,720 million yen for the three-month period ended May 31, 2024, while operating profit decreased 6.3%. Profit attributable to owners of the parent company remained flat compared to the same period a year earlier. Despite the mixed earnings results, the company forecasts overall growth in net sales for the full year ending February 28, 2025.

For more insight into JP:2918 stock, check out TipRanks’ Stock Analysis Page.