Riken Vitamin Co., Ltd. (JP:4526) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Riken Vitamin Co., Ltd. reported a 6.5% increase in net sales to 23,626 million yen for the three months ending June 30, 2024, with a significant 14.6% rise in profit attributable to owners of the parent to 2,370 million yen. Despite these gains, ordinary profit fell by 2.4%, and the company forecasts a decrease in operating and ordinary profit for the full year. Additionally, the company announced no changes to its dividend forecast, maintaining a total annual dividend of 81.00 yen per share.
For further insights into JP:4526 stock, check out TipRanks’ Stock Analysis page.