Vt Holdings Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 03:00 am
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Vt Holdings Co.,Ltd. reported consolidated earnings results for the first quarter ended June 30 2021. For the quarter, sales were JPY 60,575 million against JPY 32,426 million reported a year ago. Operating profit was JPY 1,956 million against operating loss of JPY 146 million reported a year ago. Profit was JPY 6,853 million against loss of JPY 244 million reported a year ago. Basic earnings per share was JPY 58.51 against basic loss per share of JPY 1.37 reported a year ago.
VT Holdings Co Ltd is a Japan-based company mainly engaged in the car sales related business mainly consisting of dealership business, car rental business and car export business. The Company operates through two business segments. The Automobile Sales Related segment is involved in the car sales related business including new car dealership business, which sells new and used cars and repairs automobiles, the import car importer business, used car export business, car rental business and others. The Housing Related segment is involved in the condominium sales, single-family home sales, construction contracts and others. The Company is also involved in the group-wide management business.