Harada Industry Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 07, 2020 at 01:30 am
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Harada Industry Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 31,301 million against JPY 32,169 million a year ago. Operating income was JPY 615 million against JPY 1,259 million a year ago. Profit attributable to owners of the parent was JPY 206 million against JPY 829 million a year ago. Basic earnings per share was JPY 9.50 against JPY 38.14 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2020. The company expects net sales of JPY 41,500 million, operating profit of JPY 1,200 million, and profit attributable to owners of the parent of JPY 650 million or JPY 29.88 per basic share.
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.
Harada Industry Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020