CTS Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 01, 2023 at 02:30 am EDT
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CTS Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales to be JPY 5,500 million, operating profit to be JPY 1,230 million, profit attributable to owners of the parent to be JPY 840 million, basic earnings per share to be JPY 19.82.
For the full year, the company expects net sales to be JPY 11,500 million, operating profit to be JPY 2,800 million, profit attributable to owners of the parent to be JPY 1,930 million, basic earnings per share to be JPY 45.54.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.
CTS CO., LTD. 
