Hokuetsu Industries Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Fiscal Year Ending March 31, 2024
May 10, 2023 at 12:00 am EDT
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Hokuetsu Industries Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and fiscal year ending March 31, 2024. For the six months, the company expects net sales of ¥23,300 million, operating profit of ¥1,660 million, profit attributable to owners of parent of ¥1,210 million and basic earnings per share of ¥42.90.
For the year, the company expects et sales of ¥47,000 million, operating profit of ¥3,620 million, profit attributable to owners of parent of ¥2,530 million and basic earnings per share of ¥89.69.
Hokuetsu Industries Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of construction and industrial machinery. The Company operates in two business segments. The Construction Machinery segment is engaged in the manufacture and sale of engine compressors, engine generators and vehicles for high lift works, among others. The Industrial Machinery segment is engaged in the manufacture and sale of motor compressors and other industrial machinery.
Hokuetsu Industries Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Fiscal Year Ending March 31, 2024