JAPAN: Snow Brand Milk Products raises H1 sales estimate after good Q1
Japanese dairy products firm Snow Brand Milk Products has said it has raised its consolidated sales estimate for the first half of fiscal 2003 to ¥161bn (US$1.34bn) from ¥150bn.
The revision came as the company reported sales for the April to June quarter that beat its earlier estimate by 8%.
Group sales for the first quarter were ¥80.8bn, the company said. No comparison was available.
The company stuck with its first-half net profit guidance of ¥500m. It also left unchanged its full-year group sales forecast of ¥310bn, reported Jiji Press.
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