Riken Vitamin Co., Ltd. Revised Earnings Guidance for the Fiscal Year Ending March 31, 2024
February 09, 2024 at 02:00 am EST
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Riken Vitamin Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 90,600 million compared to Previous forecast of JPY 90,600 million, Operating profit of JPY 8,900 million compared to Previous forecast of JPY 7,700 million, Profit attributable to owners of parent of JPY 8,200 million compared to Previous forecast of JPY 6,600 million and earnings per share JPY 249.82 million compared to Previous forecast of JPY 201.09 million.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.
RIKEN VITAMIN CO., LTD. 