Feed One Co.,Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2023
August 09, 2023 at 02:30 am EDT
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Feed One Co.,Ltd. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was JPY 79,782 million compared to JPY 67,131 million a year ago. Net income was JPY 921 million compared to net loss of JPY 984 million a year ago.
Basic earnings per share from continuing operations was JPY 24.12 compared to basic loss per share from continuing operations of JPY 25.8 a year ago.
FEED ONE CO., LTD., formerly FEED ONE HOLDINGS CO., LTD., is engaged in the feed business and livestock and marine products business. The Company mainly operates in three segments. The Feed segment is engaged in the manufacture and sale of feeds for livestock, aquatic feeds and other feeds. The Livestock and Marine Products segment is engaged in the production and sale of pigs, chicken eggs and chickens, the purchasing, processing and sale of livestock products, and the purchase and sale of marine products, among others. The Others segment is engaged in the farming of saltwater fish based on compound feeds, the production and sale of seeds and seedlings, and real estate leasing business, among others.