Shinwa Co., Ltd. Revises Earnings Guidance for the Six Months and Full Year of Fiscal Ending March 31, 2022
November 08, 2021 at 04:00 am
Share
Shinwa Co., Ltd. revises earnings guidance for the six months and full year of fiscal ending March 31, 2022. For the six months ending September 30, 2021, the company now expects, Revenue of JPY 8,231 million, Operating profit of JPY 1,252 million, Profit attributable to owners of parent of JPY 846 million or JPY 61.19 per share against previous forecast of revenue of JPY 7,182 million, Operating profit of JPY 799 million, Profit attributable to owners of parent of JPY 521 million or JPY 36.94 per share.
For the full year ending March 31, 2022, the company now expects, Revenue of JPY 16,000 million, Operating profit of JPY 2,050 million, Profit attributable to owners of parent of JPY 1,372 million or JPY 100.00 per share against previous forecast of revenue of JPY 15,000 million, Operating profit of JPY 1,700 million, Profit attributable to owners of parent of JPY 1,128 million or JPY 80.00 per share.
Shinwa Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of metal products. It operates through two business segments. The Temporary Materials Department segment provides temporary material rental services, consigned manufacturing of OEM products, with the main objective being the manufacture and sale of temporary materials used at construction sites. The Logistics Equipment segment mainly manufactures and sells physical distribution equipment used for storage and transportation of goods in factories, warehouses and construction sites.
SHINWA CO., LTD. 
