Mitsubishi Paper Mills Limited reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company has reported net sales of ¥97,333 million against ¥100,223 million a year ago. Operating income was ¥512 million against operating loss of ¥961 million a year ago. Profit was ¥73 million against loss of ¥1,251 million a year ago. Earnings per share were ¥2.09 against loss per share of ¥34.00 a year ago.

For the fiscal year ending March 31, 2020, the company expects net sales of ¥200,000 million, operating income of ¥2,500 million, profit attributable to owners of parent of ¥1,500 million or ¥33.59 per share.

The company provided dividend guidance for the year ending March 31, 2020. For the year, the company expects dividend of ¥5.00 against ¥5.00 paid for the same period a year ago.