Rinnai Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 2020 and Full Year Ending March 31, 2021
August 06, 2020 at 02:00 am
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Rinnai Corporation provided consolidated earnings guidance for the six months ending September 2020 and full year ending March 31, 2021. For the six months ending September 2020, the company expects consolidated net sales of JPY 150,000 million, Operating profit of JPY 11,500 million, Profit attributable to owners of parent of JPY 9,000 million or JPY 175.10 per basic share.
For the full year ending March 31, 2021, the company expects consolidated net sales of JPY 325,000 million, Operating profit of JPY 32,000 million, Profit attributable to owners of parent of JPY 21,500 million or JPY 418.30 per basic share.
RINNAI CORPORATION is a Japan-based company engaged in the manufacture and sale of heating appliances and components. The products and components are manufactured by the company and affiliated companies. In the domestic market, the Company sells directly to customers such as city gas companies, propane fuel sales companies, housing equipment manufacturers, house manufacturers, pipe building material sales companies. The Company manufactures and sells at overseas subsidiaries and affiliates. The Company operates in six businesses, including Japan, the United States, Australia, China, Korea, and Indonesia.
RINNAI CORPORATION 
