Shoei Foods Corporation Reports Consolidated Earnings Results for the First Quarter of January 2020; Provides Earnings Guidance for the Quarter Ending April 2020 and October 2020
The company provided earnings guidance for the quarter ending April 2020 and October 2020. For the quarter ending April 2020, the company expects net sales to be of JPY 58,500 million. Operating profit expected to be of JPY 2,850 million. Ordinary profit expected to be of JPY 2,800 million. Profit attributable to owners of parent expected to be of JPY 1,850 million. Basic earnings per share expected to be of JPY 109.14.
For the quarter ending October 2020, the company expects net sales to be of JPY 108,000 million. Operating profit expected to be of JPY 4,400 million. Ordinary profit expected to be of JPY 4,300 million. Profit attributable to owners of parent expected to be of JPY 2,850 million. Basic earnings per share expected to be of JPY 168.14.