G-Tekt Corporation Reports Consolidated Earnings Results for the Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending 30 September 2019 and Year Ending March 31, 2020
August 08, 2019
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G-Tekt Corporation reported consolidated earnings results for the quarter ended June 30, 2019. For the quarter, the company reported net sales of ¥61,153 million compared to ¥61,484 million, operating profit of ¥3,113 million compared to ¥3,683 million, net income attributable to owners of parent of ¥2,002 million or ¥46.76 per share compared to ¥2,471 million or ¥56.73 per share for the last year.
The company provided earnings guidance for the year ending March 31, 2020. The company expects net sales of ¥252,000 million, operating profit of ¥15,500 million, net income attributable to owners of parent of ¥10,900 million or ¥254.60 per share for the last year.
Provides earnings guidance for the six months ending 30 September 2019. The company expects net sales of ¥123,000 million, operating profit of ¥6,600 million, net income attributable to owners of parent of ¥4,400 million or ¥102.77 per share for the last year.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-Tekt Corporation Reports Consolidated Earnings Results for the Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending 30 September 2019 and Year Ending March 31, 2020
G-TEKT CORPORATION 
