Chuetsu Pulp & Paper Faces Profit Decline in Q1

Chuetsu Pulp & Paper Co., Ltd. (JP:3877) has released an update.

Chuetsu Pulp & Paper Co., Ltd. reports a slight increase in net sales by 0.8% year-on-year for the first quarter of FY 2025, although profits have significantly declined with operating, ordinary, and net profits down by 62.3%, 41.7%, and 50.4%, respectively. The company’s total assets decreased compared to the previous quarter, and they have maintained their dividend forecast of 60 yen per share for the fiscal year. No changes to accounting policies impacting the reported figures were noted, except for those due to revisions in accounting standards.

For further insights into JP:3877 stock, check out TipRanks’ Stock Analysis page.