Calbee, Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
May 14, 2019 at 11:30 am IST
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Calbee, Inc. announced consolidated earnings results for the year ended march 31, 2019. For the period, the company reported net sales of JPY 248,655 million compared with JPY 251,575 million a year ago. Operating profit was JPY 26,964 million compared with JPY 26,828 million a year ago. Profit was JPY 19,375 million compared to JPY 17,072 million a year ago. Earnings were JPY 145.39 per share compared to JPY 129.72 per share a year ago. Earnings were JPY 145.34 per diluted share compared to JPY 129.61 per diluted share a year ago.
For the year ending March 31, 2020, the company expects net sales to be JPY 258,000 million, Operating profit to be JPY 27,000 million and profit attributable to owners of parent to be JPY 17,500 million and earnings to be JPY 130.94 per share.
Calbee, Inc. is a Japan-based company mainly engaged in the manufacture and sale of snack confectionary, bakery food and cereal food. The Company operates Food Manufacture and Sale segment. The Food Manufacture and Sale segment is engaged in the manufacture and sale of potato series snacks such as potato chips, wheat series snacks and corn series snacks, bakery food such as confectionary bread and prepared food bread, as well as cereal food. The Company is also engaged in the logistics business.
Calbee, Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020