Tokuden Co., Ltd. Announces Consolidated Financial Results for Second Quarter Ended September 2019; and provides financial guidance of quarter ending March 2020
November 13, 2019 at 01:00 am
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Tokuden Co., Ltd. announced Consolidated financial results for second quarter ended September 2019. For the quarter, the company reported net sales of JPY 5,373 million against JPY 5,328 million a year ago. Operating profit was JPY 563 million against JPY 461 million a year ago. Profit attributable to owners of parent was JPY 396 million against JPY 322 million a year ago. Basic earnings per share were JPY 501.99 against JPY 408.20 a year ago.
The company also provided financial guidance of quarter ending March 2020. The company expected Net sales of JPY 9,730 million, Operating profit of JPY 645 million, Profit attributable to owners of parent of JPY 453 million and Basic earnings per share of JPY573.02.
TOKUDEN CO., LTD. is a company engaged in the welding and welding-related businesses. The Company operates in two segments. The Works segment is involved in the welding of manufacturing machinery for the steel making, petrochemical, cement, home electrical appliance, automobile and food industries, as well as facility maintenance-related welding for the steel and non-ferrous metal industries. The Welding Materials segment purchases, manufactures and sells special welding materials, including flux wires, coated electrodes, various wire rods and pulverized materials. The Company is also involved in the sale of aluminum die-casting machine parts, including plunger sleeves, sprue bushes, plunger chips and ladles for automotive industry, the manufacture and sale of deodorization equipment, forced-air cooling apparatus.
Tokuden Co., Ltd. Announces Consolidated Financial Results for Second Quarter Ended September 2019; and provides financial guidance of quarter ending March 2020
TOKUDEN CO., LTD. 
