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Suntory Reports Strong Mid-Year Financial Growth

Suntory Beverage & Food (JP:2587) has released an update.

Suntory Beverage & Food Limited reported a solid performance for the first half of 2024, with a 9.1% increase in revenue and a significant 19.8% rise in profit for the period compared to the previous year. The company’s total assets and equity also saw growth, and they have announced an increased second quarter-end dividend of 55.00 yen per share. Looking ahead, they project a continued positive trend with a 4.9% revenue increase for the fiscal year ending December 31, 2024.

For further insights into JP:2587 stock, check out TipRanks’ Stock Analysis page.

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