Car Mate Mfg. Co., Ltd. Announces Earnings Results for the First Quarter Ended June 2021
July 30, 2021 at 03:00 am EDT
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Car Mate Mfg. Co., Ltd. announced earnings results for the first quarter ended June 2021. For the quarter, the company reported net sales of JPY 3,240 million against JPY 2,960 million a year ago. Operating profit was JPY 211 million against JPY 45 million a year ago. Profit attributable to owners of parent was JPY 171 million against JPY 50 million a year ago. Basic earnings per share were JPY 24.26 against JPY 7.10 a year ago.
CAR MATE MFG. CO., LTD. is a Japan-based company mainly engaged in the car-related business and outdoor, leisure and sports-related businesses. The Company operates through two business segments. The Car related segment is engaged in the manufacture and sale of car accessories, child seats, transportation racks and tire chains, small chemicals for vehicles, and electronic and electrical equipment. The Outdoor, leisure and sports related segment is engaged in the manufacture and sale of snowboard sporting goods and sale of bicycle related products. Main brands include Inno, ailebebe, dâAction360, giga, dr.deo, drivemate, and flux.