Ito En, Ltd. Provides Consolidated Earnings Guidance for the Six Months Period Ending October 31, 2023 and Year Ending April 30, 2024
June 01, 2023 at 02:00 am EDT
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Ito En, Ltd. provided consolidated earnings guidance for the six months period ending October 31, 2023 and year ending April 30, 2024. For the six months period ending October 31, 2023, the company expects net sales of JPY 232,000 million, operating income of JPY 12,500 million and profit attributable to owners of parent of JPY 8,050 million or JPY 64.91 per share.
For the year ending April 30, 2024, the company expects net sales of JPY 440,000 million, operating income of JPY 21,000 million and profit attributable to owners of parent of JPY 13,500 million or JPY 108.33 per share.
ITO EN, LTD. is mainly engaged in the manufacture and sale of tea and drinks. The Company operates in three business segments. The Leaf and Drink related segment is engaged in the manufacture and sale of green tea, oolong tea, and barley tea. This Segment also plans and develops beverages, purchases and sells finished products, purchases raw materials for fruit juice and coffee, processes dairy products, such as yogurt, and cultivates tea leaves. The Food and Drink related segment operates and franchises restaurants of specialty coffee in Japan. The Others segment is involved in the manufacture and sell of supplements in Florida.
ITO EN, LTD. 
