Rock Field Swings to Loss in Fiscal Q1 on Flat Sales

MT Newswires Live

Sep 09, 2024

Rock Field (TYO:2910), a Tokyo-based fresh food products company, reported an attributable loss of 103 million yen for the three months ended July 31, compared with a profit of 326 million yen for the same period in 2023, according to a Friday filing on the Tokyo Stock Exchange.

Loss per share stood at 3.95 yen, versus a profit of 12.27 yen a year prior. Net sales for the period were 12.66 billion yen, a slight increase of 0.6% from a year earlier.

For the fiscal year ending April 30, 2025, Rock Field forecasts an attributable profit of 1.04 billion yen, down 17.3% from the previous year. Expected basic earnings per share are 39.65 yen, with net sales projected to reach 53.47 billion yen, an increase of 4.1%.

The company plans to maintain annual dividends at 23 yen per share, with an interim dividend of 9 yen and a year-end dividend of 14 yen for the fiscal year ending April 30, 2025.

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