Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
euglena Co., Ltd. ( (JP:2931) ) has shared an update.
Euglena Co., Ltd. reported a significant increase in operating profit, driven by strong revenue growth from its subsidiaries and improved profit structure. The company has revised its full-year forecast upwards, aiming for substantial sales and operating profit growth. It has also completed a 15% investment in a joint venture for a commercial biorefinery in Malaysia and launched a new brand for fertilizers and feed. Euglena plans to focus on expanding microalgae production and market creation, with a strategy centered on ‘Exploration’ and ‘Exploitation’ for future growth.
More about euglena Co., Ltd.
Euglena Co., Ltd. operates in the biotechnology industry, focusing on the production and commercialization of microalgae-based products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in various sectors, including biorefinery and agricultural products.
Average Trading Volume: 984,056
Technical Sentiment Signal: Sell
Current Market Cap: Yen68.02B
For a thorough assessment of 2931 stock, go to TipRanks’ Stock Analysis page.