Beleaguered Japanese dairy products company Snow Brand Milk Products said it is likely to achieve its earnings estimates for the financial year to 31 March.

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The company is currently forecasting a group net loss of ¥23bn (US$194.6m) on sales of ¥686bn.


Snow Brand’s president Tadaaki Konose said the company plans to complete its restructuring measures, which include reorganising and selling group companies, by June, reported Dow Jones International News.

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