Midac Holdings Co., Ltd. Provides Consolidated Earnings Forecasts for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
August 09, 2023
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Midac Holdings Co., Ltd. provided consolidated earnings forecasts for the Six months ending September 30, 2023 and year ending March 31, 2024. For the Six months ending September 30, 2023, the company expects net sales of JPY 4,044 million, operating profit of JPY 1,212 million, profit attributable to owners of parent of JPY 660 million and basic earnings per share of JPY 23.92.
For the year ending March 31, 2024, the company expects net sales of JPY 8,454 million, operating profit of JPY 3,013 million, profit attributable to owners of parent of JPY 1,731 million and basic earnings per share of JPY 62.71.
Midac Holdings Co Ltd is mainly engaged in the waste disposal business. The Company operates through three major business segments. The Waste Disposal segment is engaged in the provision of waste disposal services via its facilities. The Waste Collection and Transportation segment is mainly engaged in the collection and transportation of waste. The Brokerage Management segment provides operator introduction services to the processing company. The Waste Disposal segment consists of intermediate disposal of waste and final disposal of waste.