Daiken Co., Ltd. Reports Earnings Results for the Nine Months Ended November 2019; Provides Dividend Guidance Ending February 2020; Provides Earnings Guidance for the Year Ending February 2020
January 10, 2020 at 01:30 am
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Daiken Co., Ltd. reported earnings results for the nine months ended November 2019. For the period, the company reported net sales of ¥7,824 million compared to ¥7,890 million a year ago. Operating profit was ¥149 million compared to ¥70 million a year ago. Profit was ¥102 million or ¥17.54 per basic share compared to ¥50 million or ¥8.65 per basic share a year ago.
The company expects to pay dividend of ¥15.00 per share for the year ending February 2020 compared to ¥15.00 per share paid in last year.
The company provided earnings guidance for the year ending February 2020. For the year, the company expects net sales of ¥11,000 million. Operating profit of ¥320 million. Profit was ¥200 million or ¥34.06 per basic share.
DAIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building hardware, exterior building materials and exterior products. The Company operates through two business segments. The Building Related Products segment is engaged in the manufacture, sale and installation of exterior building materials, interior building materials, as well as home delivery boxes, door hangers, and household sliding door closers. The Real Estate Rental segment is engaged in the operation of rental apartments for singles and rental stores. Exterior building materials include shades, aluminum drainers, handrails for shades, exterior blindfolded panels. Interior building materials include inspection doors, pits, gratings, stainless steel entrance wiping mats, ceiling lighting louvers, aluminum pipes, curtain rails.
Daiken Co., Ltd. Reports Earnings Results for the Nine Months Ended November 2019; Provides Dividend Guidance Ending February 2020; Provides Earnings Guidance for the Year Ending February 2020
DAIKEN CO.,LTD. 
