Chuetsu Pulp & Paper Co., Ltd. Provides Financial Guidance for the Second Quarter and Full Year Ending March 31, 2023
June 07, 2022 at 01:30 am EDT
Share
Chuetsu Pulp & Paper Co., Ltd. provided financial guidance for the second quarter and full year ending march 31, 2023. For the second quarter, the company expected net sales of JPY 48,000 million, operating profit of JPY 400 million, Profit attributable to owners of parent of JPY 200 million and Net profit per share of JPY 14.98.
For the second quarter, the company expected net sales of JPY 101,000 million, operating profit of JPY 1,500 million, Profit attributable to owners of parent of JPY 1,100 million and Net profit per share of JPY 82.39.
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.