S Foods FY25 profits plunge despite revenue growth, cautious outlook
S Foods (TSE:2292) reported a 4.6% increase in revenue to JPY 444.55 billion for the fiscal year ending February 2025, but profits significantly decreased. Operating profit fell 59.4% to JPY 5.14 billion, ordinary profit dropped 55.6% to JPY 6.39 billion, and profit attributable to owners of parent plummeted 70.6% to JPY 2.67 billion. The decrease in profits was attributed to rising raw material and logistics costs coupled with consumer frugality, making it difficult to pass cost increases to retail prices.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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