Morinaga Milk Industry Co., Ltd. (JP:2264) has released an update.
Morinaga Milk Industry Co., Ltd. reported a modest 1.4% increase in net sales for the first half of the fiscal year ending March 31, 2025, despite a significant drop in profits. The company’s operating profit fell by 16%, and its profit attributable to owners plummeted by 83.6%, highlighting challenges in maintaining profitability. Investors may note adjustments in dividend forecasts and financial result projections for the coming fiscal year.
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