Chuetsu Pulp & Paper Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for Second Quarter and Full Year of the Fiscal Year Ending March 31, 2024
June 01, 2023 at 11:30 am IST
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Chuetsu Pulp & Paper Co., Ltd. provided consolidated and Non-Consolidated earnings guidance for second quarter and full year of the fiscal year ending March 31, 2024. For the second quarter on consolidated basis, the company expects net sales of JPY 53,000 million, operating profit of JPY 1,700 million, profit attributable to owners of parent JPY 1,200 million and basic earnings per share of JPY 92.66.
For the year on consolidated basis, the company expects net sales of JPY 109,000 million, operating profit of JPY 3,200 million, profit attributable to owners of parent JPY 2,600 million and basic earnings per share of JPY 200.77.
For the second quarter on non-consolidated basis, the company expects net sales of JPY 50,000 million, operating profit of JPY 1,600 million, profit of JPY 1,300 million and basic earnings per share of JPY 100.38.
For the full year on non-consolidated basis, the company expects net sales of JPY 103,000 million, operating profit of JPY 3,100 million, profit of JPY 2,500 million and basic earnings per share of JPY 193.05.
Chuetsu Pulp & Paper Co.,Ltd. is a company mainly engaged in the manufacture and sale of paper and pulp. The Company operates in two business segments. The Paper and Pulp Manufacturing segment manufactures and sells various paper products, such as newsprint paper, printing paper, packing paper, special paper, paperboards, processed products and pulp, among others. The Power Generation segment sells electricity. The Others segment is engaged in business activities include manufacture and sale of cellulose nanofiber related products, paper bags, paper tubes, cardboard, notebooks, and other paper products; afforestation and greening business; pharmaceutical manufacturing business; paper tube processing; paper cutting and sorting packaging; mechanical equipment design construction and repair; transportation of pulp and paper and other raw materials; manufacturing, purchasing and sale of wood chips; insurance agency; industrial waste treatment, and among others.
Chuetsu Pulp & Paper Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for Second Quarter and Full Year of the Fiscal Year Ending March 31, 2024