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.