Diamond Electric Holdings Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2022 and for the Fiscal Year Ending March 31, 2023
August 25, 2022 at 04:00 am
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Diamond Electric Holdings Co., Ltd. provided earnings guidance for the six months ending September 30, 2022 and for the Fiscal Year Ending March 31, 2023. For the six months ending, the company expected to report net sales of JPY 38,000 million, Operating loss of JPY 600 million, loss attributable to owners of parent of JPY 800 million and basic loss per share of JPY 111.23.
For the year ending, the company expected to report net sales of JPY 85,000 million, Operating profit of JPY 1,000 million, profit attributable to owners of parent of JPY 300 million and basic earnings per share of JPY 41.71.
Diamond Electric Holdings Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of electronic control devices such as ignition coils and electrical components for automobiles. The Company operates through three business segments. The Automotive Equipment segment is engaged in the development, manufacture, sale, and supply of maintenance services for automotive ignition coils and electrical components. The Energy Solutions segment is engaged in the development, manufacture, sale, and supply of maintenance services for power conditioners for solar power generation and hybrid systems for energy storage. The Electronic Devices segment is engaged in the development, manufacture, sale, and supply of maintenance services for ignition devices for home heating and cooling systems and hot water supply systems, electronic control devices, and other products.
Diamond Electric Holdings Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2022 and for the Fiscal Year Ending March 31, 2023