Eat&Holdings Co.,Ltd Provides Consolidated Earnings Guidance for the Six Months Ended August 31, 2022 and Full Year Ending February 28, 2023
April 25, 2022 at 04:30 pm IST
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EAT&HOLDINGS Co.,Ltd provided consolidated earnings guidance for the six months ended August 31, 2022 and full year ending February 28, 2023. For the quarter, the company provided net sales to be JPY 15,800 million. Operating profit to be JPY 530 million. Profit attributable to owners of parent to be JPY 250 million. Basic earnings per share to be 24.61.
For the year, the company provided net sales to be JPY 33,470 million. Operating profit to be JPY 1,100 million. Profit attributable to owners of parent to be JPY 500 million. Basic earnings per share to be 49.23.
Eat&Holdings Co Ltd, formerly Eat& Co Ltd, is a Japan-based company engaged in the production and sale of frozen food products, as well as the operation of restaurant chains. The Company operates in two business segments. The Food segment is engaged in the sale of frozen food products under the brand name OSAKA OHSHO to consumer cooperatives and general mass retailers through wholesalers, as well as to general consumers through electronic commerce (EC) business sites. The Restaurant segment is engaged in the operation of restaurants, including OSAKA OHSHO, which offer Chinese food products; Yottekoya and Taiyo no Tomatomen, which offer noodle products; R Baker Inspired by court rosarian and Coccinelle, which offer cafe and bakery products, as well as the operation of franchise chains. The main products include frozen dumplings, ingredients and skins.