Megmilk Snow Brand Co., Ltd. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2021
August 12, 2020 at 07:30 am IST
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Megmilk Snow Brand Co., Ltd. provided earnings guidance for the second quarter and full year of fiscal year ending March 31, 2021. For the second quarter, the company expects net sales to be JPY 312,000 million, operating profit to be JPY 9,400 million, Profit attributable to owners of parent to be JPY 6,400 million and profit per share to be JPY 94.54.
For the year ending March 31, 2021, the company expects net sales to be JPY 620,000 million, operating profit to be JPY 19,000 million, Profit attributable to owners of parent to be JPY 13,000 million and profit per share to be JPY 192.04.
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.
MEGMILK SNOW BRAND CO.,LTD. 
