Mitsubishi Paper Mills Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Half of Fiscal Year Ending March 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2017
The company provided consolidated earnings guidance for the first half of fiscal year ending March 31, 2017. For the six months, the company expects net sales of JPY 108,000 million, operating income of JPY 1,500 million, ordinary income of JPY 500 million and loss attributable to owners of the parent of JPY 500 million or JPY 1.46 per share.
For the fiscal year ending March 31, 2017, the company expects net sales of JPY 220,000 million, operating income of JPY 4,500 million, ordinary income of JPY 2,500 million and profit attributable to owners of the parent of JPY 1,000 million or JPY 2.93 per share.