Riken Vitamin Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 10, 2023 at 03:00 am EDT
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Riken Vitamin Co., Ltd. provided earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the Six months ending September 30, 2023, the company expects set sales of JPY 45,500 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,600 million and earnings per share of JPY 79.23.
For the year, the company expects set sales of JPY 92,000 million, operating profit of JPY 6,800 million, profit attributable to owners of parent of JPY 5,600 million and earnings per share of JPY 170.64.
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. 