CTS Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2021
August 02, 2021 at 02:30 am
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CTS Co., Ltd. reported consolidated earnings results for the three months ended June 30, 2021. For the three months, the company reported net sales of ¥2,456 million against ¥2,260 million a year ago. Operating profit was ¥530 million against ¥438 million a year ago. Profit attributable to owners of parent was ¥347 million against ¥275 million a year ago Earnings per share was ¥8.17 against ¥6.47 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.