NIC Autotec, Inc. Announces Consolidated Earnings Results for the Second Quarter Ended Sep. 30, 2018
November 09, 2018 at 01:00 am
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NIC Autotec, Inc. announced consolidated earnings results for the second quarter ended Sep. 30, 2018. For the period, the company reported net sales of JPY 4,166 million compared to JPY 4,285 million a year ago. Operating profit was JPY 326 million compared to JPY 481 million a year ago. Ordinary profit was JPY 325 million compared to JPY 484 million a year ago. Profit attributable to owners of parent was JPY 216 million compared to JPY 326 million a year ago. Basic earnings per share were JPY 39.75 per share compared to JPY 59.83 per share a year ago.
NIC Autotec, Inc. is a Japan-based company mainly engaged in the manufacture and sale of industrial machinery and parts. The Company operates in three business segments. The Alfa Frame segment is engaged in the development, design, manufacture and sale of aluminum construction frames and auxiliary parts for frames under the brand ALFA FRAME SYSTEM. The Device segment develops, designs, manufactures and sells devices constructed from Alfa Frames, such as cleaning machines, conveyors and packaging equipment, inspection equipment and clean booth products, as well as aluminum structures, including equipment structures and safe covers, among others. The Trading segment is engaged in the provision of industrial grindstones, machinery and equipment such as cutting processing machines, tools such as end mills, bolts and drills, as well as lubricants.
NIC AUTOTEC, INC. 
