Chuetsu Pulp & Paper Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2024
August 04, 2023 at 01:30 am EDT
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Chuetsu Pulp & Paper Co., Ltd. provided consolidated earnings guidance for the first half and full year ending March 31, 2024. For the first half, the company expects Net sales to be JPY 53,000 million, operating profit to be JPY 1,700 million, profit attributable to owners of the parent to be JPY 1,200 million and profit per share to be JPY 92.66.
For the full year, the company expects Net sales to be JPY 109,000 million, operating profit to be JPY 3,200 million, profit attributable to owners of the parent to be JPY 2,600 million and profit per share to be JPY 200.77.
Chuetsu Pulp & Paper Co.,Ltd. is a company mainly engaged in the manufacture and sale of paper and pulp. The Company operates in two business segments. The Paper and Pulp Manufacturing segment manufactures and sells various paper products, such as newsprint paper, printing paper, packing paper, special paper, paperboards, processed products and pulp, among others. The Power Generation segment sells electricity. The Others segment is engaged in business activities include manufacture and sale of cellulose nanofiber related products, paper bags, paper tubes, cardboard, notebooks, and other paper products; afforestation and greening business; pharmaceutical manufacturing business; paper tube processing; paper cutting and sorting packaging; mechanical equipment design construction and repair; transportation of pulp and paper and other raw materials; manufacturing, purchasing and sale of wood chips; insurance agency; industrial waste treatment, and among others.
CHUETSU PULP & PAPER CO., LTD. 
