Iwaki Co., Ltd. ProvideS Earnings Guidance for the First Half and Full-Year Ending March 31, 2024
September 06, 2023 at 03:00 am EDT
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Iwaki Co., Ltd. provided earnings guidance for the first half and Full-Year ending March 31, 2024. For the first half, the company expects Net sales of JPY 21,667 million, Operating profit of JPY 1,742 million, Profit attributable to owners of parent of JPY 1,363 million and Net income per share of JPY 62.05.
For the full year, the company Net sales of JPY 44,181 million, Operating profit of JPY 3,920 million, Profit attributable to owners of parent of JPY 3,115 million and Net income per share of JPY 141.79.
IWAKI CO., LTD. is a Japan-based company mainly engaged in the development, manufacture, purchase and sale of chemical pumps and peripheral equipment such as pump dedicated controllers and others which are used in transportation of liquid chemicals. The Company is also engaged in the maintenance services including repair of products, provision of after services and installation works. Chemical pumps are used for transferring high-purity chemicals in industrial fields including semiconductors and liquid crystals, chemical, electronic components, water treatment, food, medical and solar cells, fuel cells and secondary batteries.The Company distributes its products, including magnet pumps, metering pumps, air-driven pumps, rotating volume pumps, air pumps and system products to various markets such as semiconductor and liquid crystal, medical device, surface treatment equipment, water treatment, chemical, new energy and other markets.