Rheon Automatic Machinery Co., Ltd. Announces Consolidated Earnings Guidance for the Quarter Ended June 30, 2021
August 06, 2021 at 02:15 am
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Rheon Automatic Machinery Co., Ltd. announced consolidated earnings guidance for the quarter ended June 30, 2021. For the quarter, the company announced net sales of JPY 5,281,658,000 against JPY 4,328,660,000 a year ago. Operating loss was JPY 3,622,000 against JPY 118,418,000 a year ago. Profit attributable to owners of parent was JPY 3,971,000 against loss of JPY 147,480,00. Basic earnings per share was JPY 0.15 against loss of JPY 5.50 a year ago.
RHEON AUTOMATIC MACHINERY CO.,LTD. is a Japan-based company mainly engaged in the development, manufacture and sale of automatic food processing machines, and manufacture and sale of food products. It operates through two business segments. Food Processing Machinery Manufacturing and Sales business operates in Japan, North and South America, Europe and Asia, and is engaged in development, manufacture and sale of food molding machines and bread making lines. It also provides equipment and parts repair, options and technical guidance service. It provides ovens, mixers and packaging machines purchased from other companies. Food Manufacturing and Sales business operates in North and South America and Japan. It manufactures and sells high-processing frozen foods such as croissants, danish pastries, pies, cookies and frozen roll-in dough, and natural yeast bread. Food processing machines include universal automatic packaging machines, Martians, flex in clusters, EZ dividers and others.
RHEON AUTOMATIC MACHINERY CO., LTD. 
