General Packer Co., Ltd. announced consolidated earnings results for the first quarter ended October 31, 2019. For the quarter, the company reported net sales of JPY 2,396 million compared to JPY 2,068 million a year ago. Operating income was JPY 277 million compared to JPY 205 million a year ago. Profit attributable to owners of parent was JPY 189 million or JPY 107.24 per share compared to JPY 139 million or JPY 78.99 per share a year ago. Income before income taxes was JPY 276 million compared with JPY 206 million a year ago.

The company provided consolidated earnings guidance for the six months of 2020 and full year for the fiscal year ending July 31, 2020. For the six months, the company expects net sales of JPY 5,000 million, operating income of JPY 369 million and profit attributable to owners of parent of JPY 260 million or JPY 147.21 per share.

For the fiscal year ending July 31, 2020, the company expects net sales of JPY 8,900 million, operating income of JPY 598 million and profit attributable to owners of parent of JPY 400 million or JPY 237.81 per share.