Chuetsu Pulp & Paper Co., Ltd. Reports Earnings Results for the Nine Months Ended December 31, 2023
February 09, 2024 at 12:30 am EST
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Chuetsu Pulp & Paper Co., Ltd. reported earnings results for the nine months ended December 31, 2023. For the nine months, the company reported sales was JPY 79,899 million compared to JPY 76,950 million a year ago. Net income was JPY 3,178 million compared to JPY 996 million a year ago.
Basic earnings per share from continuing operations was JPY 245.47 compared to JPY 74.65 a year ago.
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.