Car Mate Mfg. Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended of June 30, 2020
July 31, 2020 at 04:30 am EDT
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Car Mate Mfg. Co., Ltd. reported consolidated earnings results for the first quarter ended of June 30, 2020. For the quarter, the company reported net sales of JPY 2,960 million compared to JPY 3,591 million a year ago. Operating profit was JPY 45 million compared to JPY 76 million a year ago. Profit attributable to owners of parent was JPY 50 million compared 85 million a year ago. Basic earnings per share was JPY 7.10 per share compared to JPY 12.06 per share 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.
CAR MATE MFG. CO., LTD. 
