Megmilk Snow Brand Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2021
November 09, 2020 at 07:30 am IST
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Megmilk Snow Brand Co., Ltd. provided earnings guidance for the year ending March 31, 2021. For the year ending March 31, 2021, the company expects net sales of JPY 620,000 million, operating profit of JPY 19,000 million and profit attributable to owners of parent of JPY 13,000 million or JPY 19.49 per share.
MEGMILK SNOW BRAND Co., Ltd. is a company mainly engaged in the dairy products and beverage business. The Company operates in three business segments. The Dairy Product segment is engaged in the manufacture and sale of cheese, butter, dry milk and other dairy products, margarine and other fat and oil products, as well as baby milk powder and other baby care supplies. The Drink and Dessert segment is engaged in the manufacture and sale of beverage such as milk and fruit juice and others, yoghurt and dessert, among others. The Feed and Seed segment is engaged in the manufacture and sale of cattle feed, seed of grass and feed crop, as well as vegetable seed. The others business is engaged in the rental of real estate and the operation of cooperative distribution centers.