CTS Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 01, 2021 at 01:30 am
Share
CTS Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, the company reported Net sales of JPY 7,519 million compared to JPY 6,859 million a year ago. Operating profit was JPY 1,694 million compared to JPY 1,382 million a year ago. Profit was JPY 1,096 million compared to JPY 934 million a year ago. Earnings per share was JPY 25.68 compared to JPY 21.89 a year ago.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.