Morinaga Milk Industry Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2024
May 15, 2023 at 01:00 am EDT
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Morinaga Milk Industry Co., Ltd. provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2024. For the first half, the company expects net sales of JPY 285,000 million, operating profit of JPY 13,200 million, profit attributable to owners of parent of JPY 54,100 million and profit per share of JPY 1,195.89.
For the full year, the company expects net sales of JPY 550,000 million, operating profit of JPY 20,000 million, profit attributable to owners of parent of JPY 57,700 million and profit per share of JPY 1,275.47.
Morinaga Milk Industry Co., Ltd. is a Japan-based company mainly engaged in the food business. The Company is mainly engaged in the manufacture and sale of milk products, dairy products, beverages, yogurt products, desserts, ice cream products, condensed milk products, cheese, butter, baby food, health food and other products. The Company is also engaged in the purchase and sale of feed products and pet food, the design and construction of plant facilities, the rental of real estate, as well as the transportation and warehousing business.
MORINAGA MILK INDUSTRY CO., LTD. 
