Megmilk Snow Brand Co.,Ltd. Provides Financial Forecast of Consolidated Results for the Second Quarter and Full Year Ending March 31, 2023
May 12, 2022 at 10:00 pm EDT
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MEGMILK SNOW BRAND Co.,Ltd. provided financial Forecast of Consolidated Results for the second quarter and full Year Ending March 31, 2023. For the second quarter, the company reported Net sales of JPY 298,000 million, Operating profit of JPY 8,000 million, Profit attributable to owners of parent of JPY 5,500 million and profit per share of JPY 81.44.
For the full year, the company reported Net sales of JPY 585,000 million, Operating profit of JPY 15,000 million, Profit attributable to owners of parent of JPY 10,000 million and profit per share of JPY 148.07.
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.