JAPAN: Nippon Meat Packers posts Q1 net profit of ¥2.16bn
Japan’s Nippon Meat Packers has posted a consolidated net profit of ¥2.16bn (US$18.3m) for the first quarter to the end of June. Pre-tax profit for the quarter was ¥4.52bn, accounting for 22.6% of the company’s full-year profit estimate, on sales of ¥218.6bn, which represents 22.3% of the full-year sales estimate.
Pre-tax profit for the quarter was ¥4.52bn, accounting for 22.6% of the company’s full-year profit estimate, on sales of ¥218.6bn, which represents 22.3% of the full-year sales estimate.
Comparisons with the year-ago quarter were unavailable as it is the first time the company has released quarterly results, reported Kyodo News International.
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