STI Foods HoldingsInc Third Quarter 2024 Earnings: EPS: JP¥97.20 (vs JP¥85.89 in 3Q 2023)

STI Foods HoldingsInc (TSE:2932) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥9.65b (up 12% from 3Q 2023).
• Net income: JP¥576.0m (up 13% from 3Q 2023).
• Profit margin: 6.0% (up from 5.9% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥97.20 (up from JP¥85.89 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

STI Foods HoldingsInc Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Japan.

Performance of the Japanese Food industry.

The company's shares are down 10% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on STI Foods HoldingsInc's balance sheet.

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