Prima Meat Packers, Ltd. Provides Consolidated Earnings Guidance for the Six Months and Fiscal Year Ending March 31, 2024
June 09, 2023 at 02:00 am EDT
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Prima Meat Packers, Ltd. provided consolidated earnings guidance for the six months and fiscal year ending March 31, 2024. For the quarter, the company expects net sales to be JPY 231,900 million, operating profit to be JPY 5,600 million, profit attributable to owners of parent to be JPY 3,500 million and earnings per share to be JPY 69.65.
For the fiscal year, the company expects net sales to be JPY 470,300 million, operating profit to be JPY 11,500 million, profit attributable to owners of parent to be JPY 7,600 million and earnings per share to be JPY 151.24.
Prima Meat Packers, Ltd. is a Japan-based company principally engaged in the production and sale of meat products and processed products. The Company operates in two business segments. The Processed Food Business Division segment is engaged in the manufacture and sale of processed foods, the supply of side dishes, the sale of hams and sausages and other related products, as well as the provision of cleaning services. The Meat Business Division segment is engaged in beef production and related business, as well as the processing and logistics of meat. The Company is also engaged in information processing business, human resources, insurance and real estate services business, the development, manufacture and sale of physics and chemistry equipment, as well as consulting services such as inspection and hygiene management.