Nichireki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of the Fiscal Year Ending March 31, 2025
May 17, 2024 at 02:00 am
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Nichireki Co., Ltd. provided consolidated earnings guidance for the first half and full year of the fiscal year ending March 31, 2025. For the first half, the company expects net sales to be JPY 32,000 million. Operating profit to be JPY 1,300 million. Ordinary profit to be JPY 1,400 million. Profit attributable to owners of parent company to be JPY 900 million. Basic earnings per share to be JPY 30.63.
For the full year, the company expects net sales to be JPY 80,000 million. Operating profit to be JPY 7,000 million. Ordinary profit to be JPY 7,200 million. Profit attributable to owners of parent company to be JPY 4,600 million. Basic earnings per share to be JPY 156.53.
NICHIREKI CO., LTD. is a Japan-based company principally engaged in the provision of products, technology and construction services related to road pavement. The Company operates in two business segments. The Asphalt Application and Processed Products segment is engaged in the manufacture and sale of asphalt emulsions, modified asphalt and other road paving materials. The Road Pavement segment is engaged in the provision of road pavement, civil engineering, bridge waterproofing and other construction works. The Company is also engaged in the real estate leasing business and the insurance agency business.