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An announcement from J-Oil Mills, Inc. ( (JP:2613) ) is now available.
J-Oil Mills, Inc. announced a decline in sales and operating profit for the first half of FY2025, attributed to lower meal prices and increased costs in oils and fats. Despite efforts to adjust pricing, the company anticipates that rising costs will continue to impact profitability for the remainder of the year. The company is implementing strategies to recover performance and ensure sustainable growth, while maintaining an annual dividend of 70 yen per share.
The most recent analyst rating on (JP:2613) stock is a Hold with a Yen2163.00 price target. To see the full list of analyst forecasts on J-Oil Mills, Inc. stock, see the JP:2613 Stock Forecast page.
More about J-Oil Mills, Inc.
J-Oil Mills, Inc. operates in the food industry, primarily focusing on the production of oils and fats, as well as specialty food products. The company is engaged in addressing market demands and adjusting its operations to meet the evolving needs of the restaurant market and inbound demand.
Average Trading Volume: 48,453
Technical Sentiment Signal: Buy
Current Market Cap: Yen65.72B
For a thorough assessment of 2613 stock, go to TipRanks’ Stock Analysis page.