Car Mate Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2020
October 31, 2019 at 03:00 am EDT
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Car Mate Mfg. Co., Ltd. reported consolidated earnings results for the six months ended September 2019. For the period, net sales were JPY 7,912 million against JPY 8,866 million a year ago. Operating profit was JPY 402 million against JPY 41 million a year ago. Profit attributable to owners of parent was JPY 301 million against JPY 45 million a year ago. Basic earnings per share were JPY 42.73 against JPY 6.17 a year ago.
For the year ending March 2020, the company expects consolidated net sales of JPY 16,843 million, operating profit of JPY 1,106 million, profit attributable to owners of parent of JPY 675 million and basic earnings per share of JPY 95.77.
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. Reports Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2020
CAR MATE MFG. CO., LTD. 
