Milbon Co., Ltd. Revises Consolidated Earnings Guidance for the Full Year Ending December 31, 2023
August 10, 2023 at 02:00 am
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Milbon Co., Ltd. revised consolidated earnings guidance for the full year ending December 31, 2023. For the full year, the company expected net sales of JPY 48,000 million, operating profit of JPY 7,350 million, profit attributable to owners of parent of JPY 5,200 million and basic earnings per share of JPY 159.80 compared to previously expected net sales of JPY 49,200 million, operating profit of JPY 8,300 million, profit attributable to owners of parent of JPY 5,800 million and basic earnings per share of JPY 178.34.
Milbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of hair cosmetics, as well as the provision of related services. The Company is involved in the provision of permanent wave lotions, including thioglycolic acid permanent wave lotion, cysteine permanent wave lotion and anti-frizz straightening lotion; hair care products, including shampoos, hair conditioners, hair treatment, hair tonics, hair creams, liquid and foamy hairdressing products, setting lotions and hair sprays; hair colorants, encompassing oxidation hair dyes, hair dyeing products and hair bleaches, as well as other products, including hair rods, rollers, flat irons and schedule books, among others.