Mitsubishi Paper Mills Limited Reports Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
Mitsubishi Paper Mills Limited reported consolidated earnings results for the three months ended June 30, 2019. For the period, the company has reported net sales of ¥48,098 million against ¥49,823 million a year ago. Operating loss was ¥599 million against ¥1,279 million a year ago. Ordinary loss was ¥789 million against ¥1,303 million a year ago. Loss attributable to owners of parent was ¥1,181 million against ¥1,615 million a year ago. Loss per share were ¥26.46 against ¥47.26 a year ago.
For the fiscal year ending March 31, 2020, the company expects net sales of ¥210,000 million, operating income of ¥2,500 million, ordinary income of ¥2,500 million; profit attributable to owners of parent of ¥1,500 million or ¥33.59 per share.