MEGMILK SNOW BRAND Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter-End and Full Year Ending March 31, 2024
May 14, 2023 at 10:00 pm EDT
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MEGMILK SNOW BRAND Co.,Ltd. provided consolidated earnings guidance for the second quarter-end and full year ending March 31, 2024. For the quarter, the company expects net sales to be JPY 306,000 million, operating profit to be JPY 7,000 million, profit attributable to owners of parent to be JPY 5,000 million and profit per share JPY 74.03.
For the full year, the company expects net sales to be JPY 616,000 million, operating profit to be JPY 14,000 million, profit attributable to owners of parent to be JPY 9,500 million and profit per share JPY 140.65.
MEGMILK SNOW BRAND Co., Ltd. is a company mainly engaged in the dairy products and beverage business. The Company operates in three business segments. The Dairy Product segment is engaged in the manufacture and sale of cheese, butter, dry milk and other dairy products, margarine and other fat and oil products, as well as baby milk powder and other baby care supplies. The Drink and Dessert segment is engaged in the manufacture and sale of beverage such as milk and fruit juice and others, yoghurt and dessert, among others. The Feed and Seed segment is engaged in the manufacture and sale of cattle feed, seed of grass and feed crop, as well as vegetable seed. The others business is engaged in the rental of real estate and the operation of cooperative distribution centers.
MEGMILK SNOW BRAND CO.,LTD. 
