Hokuetsu Industries Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Year Ending March 31, 2023
May 24, 2022 at 12:00 am
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Hokuetsu Industries Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2022 and year ending March 31, 2023. For the Six months, the company expects Net sales of JPY 19,500 million, Operating profit of JPY 1,620 million, Profit attributable to owners of parent of JPY 1,190 million and Earnings per share of JPY 41.93.
For the year, the company expects Net sales of JPY 40,000 million, Operating profit of JPY 3,820 million, Profit attributable to owners of parent of JPY 2,760 million and Earnings per share of JPY 97.25.
Hokuetsu Industries Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of construction and industrial machinery. The Company operates in two business segments. The Construction Machinery segment is engaged in the manufacture and sale of engine compressors, engine generators and vehicles for high lift works, among others. The Industrial Machinery segment is engaged in the manufacture and sale of motor compressors and other industrial machinery.