Daiki Axis Co., Ltd. Announces Earnings Results for the Six Months Ended June 30, 2020
August 28, 2020 at 09:30 am
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Daiki Axis Co., Ltd. announced earnings results for the six months ended June 30, 2020. For the period, the company reported net sales of JPY 17,443 million (down 2.3% YoY), a slight year-on-year decline, operating income of JPY 682 million (up 35.5% YoY), ordinary income of JPY 757 million (up 31.5% YoY) and profit attributable to owners of parent amounted to JPY 281 million (up 31.4% YoY) in the six months ended June 30, 2020. Operating income, ordinary income, and profit attributable to owners of parent all increased by over 30% year on year.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.