Rix Corporation Provides Consolidated Earnings Guidance for the Year Ended First Half and Full Year Ending March 31, 2023
May 25, 2022 at 02:00 am
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Rix Corporation provided consolidated earnings guidance for the year ended first half and full year ending March 31, 2023. For the period, the company now expects sales of ¥21,200 million, operating profit of ¥1,400 million, profit of ¥1,020 million or ¥124.84 per share.
For the full year, the company now expects sales of ¥43,900 million, operating profit of ¥2,950 million, profit of ¥2,100 million or ¥257.02 per share.
RIX CORPORATION is a Japan-based company engaged in the manufacture and sale of high pressure hydraulic equipment, precision automatic measuring equipment and other products. The Company has seven business segments, including Steels, Automobiles, Electronics and Semiconductors, Rubbers and Tires, Advanced Materials, Environment, and Paper Pulp. The Company is engaged in the sale of pressure generator products such as plunger pumps and high pressure hydraulic pumps, applied equipment and system products such as high pressure water washing equipment, attached equipment and parts such as oil seals and filters, related technical products such as piston valves, and precision automatic measuring equipment, as well as the manufacture and sale of rotary joints, high pressure precision cleaning equipment, bearings, insulation boards and booster pumps. The Company is also engaged in the provision of automotive parts and electronic parts, as well as the food business and shipbuilding business.