Harada Industry Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2020
August 11, 2020 at 02:30 am
Share
Harada Industry Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of ¥8,085 million against ¥10,655 million a year ago. Operating loss was ¥434 million against profit of ¥220 million a year ago. Loss attributable to owners of the parent was ¥336 million against profit of ¥130 million a year ago. Basic loss per share was ¥15.46 against earnings of ¥6.00 a year ago.
HARADA INDUSTRY CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment and communications equipment. The Company operates in four segments. Japan segment is involved in the manufacture and sale of automotive equipment and communications equipment. Asia segment is involved in the manufacture and sale of automotive equipment. North and Central America segment is involved in the manufacture and sale of automotive equipment. Europe segment is involved in the sale of automotive equipment. Main products of automotive-related equipment include car radio antennas, relay cables, car television (TV) antennas, car antenna amplifiers, actuators, ETC antennas, and others. The communication related equipment include communication module antennas, radio frequency identification (RFID) antennas, and others. Other products include car accessories and others.