THK Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2021
August 05, 2021 at 02:00 am
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THK Co., Ltd. announced consolidated earnings results for the six months ended June 30, 2021. For the period, the company reported revenue was ¥151,040 million against revenue of ¥103,051 million a year ago. Operating income was ¥11,067 million against operating loss of ¥1,404 million a year ago. Profit for the period was ¥7,545 million against loss for the period of ¥3,858 million a year ago. Basic earnings per share was ¥59.42 against basic loss per share of ¥26.53 a year ago.
THK CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of components for industrial equipment and transportation vehicles. The Company operates in five regional segments. The industrial equipment related business is engaged in the manufacture and sale of equipment components such as linear motion (LM) systems, as well as industrial equipment. The transportation vehicles related business is engaged in the development, design, manufacture and sale of steering parts, suspension parts and brake parts for automobile and two-wheel vehicles. The Company operates in Japan, the Americas, Europe, China, Taiwan, Singapore and Korea.