Megmilk Snow Brand Co., Ltd. Provides Earnings Guidance for the Six Months 2021 and Year Ending March 31, 2022
August 11, 2021 at 10:00 pm EDT
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Megmilk Snow Brand Co., Ltd. provided earnings guidance for the six months 2021 and year ending March 31, 2022. For the six months, the company expects net sales to be ¥288,000 million. Operating profit to be ¥10,800 million. Profit to be ¥6,800 million or earnings per share to be ¥100.69.
For the year, the company expects net sales to be ¥570,000 million. Operating profit to be ¥20,500 million. Profit to be ¥12,500 million or earnings per share to be ¥185.10.
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. 
