Rheon Automatic Machinery Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2021 and Full Year Ending March 31, 2022
August 06, 2021 at 02:15 am
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Rheon Automatic Machinery Co., Ltd. provided consolidated earnings guidance for the six months ending June 30, 2021 and full year ending March 31, 2022. For the quarter, the company expects to report net sales of JPY 12,200 million, operating income of JPY 840 million and net income attributable to owners of parent of JPY 650 million or JPY 24.26 per share.
For the full year, the company expects to report net sales of JPY 25,050 million, operating income of JPY 2,080 million and net income attributable to owners of parent of JPY 1,420 million or JPY 52.99 per share.
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. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2021 and Full Year Ending March 31, 2022
RHEON AUTOMATIC MACHINERY CO., LTD. 
