Riken Keiki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
May 23, 2023 at 09:00 pm EDT
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Riken Keiki 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 of ¥22,200 million, operating profit of ¥5,350 million, net profit attributable to owners of parent of ¥3,600 million and Earnings per basic share of ¥154.62.
For the year, the company expects net sales of ¥46,400 million, operating profit of ¥11,600 million, net profit attributable to owners of parent of ¥8,700 million and Earnings per basic share of ¥373.66.
RIKEN KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacture and sale of various industrial measuring instruments, and ancillary services. The Company is engaged in the manufacture and sale of gas detection and alarm equipment. The Company also provides after-sales service. It mainly provides stationary gas detection and alarm equipment, portable gas detection and alarm equipment, and other measurement equipment. Stationary gas detection alarms include system component multi-gas detection alarms. Portable gas detection and alarm devices include portable compound gas detectors, personal gas monitors for the petroleum industry. Other measuring instruments include surface analyzers for research institutions and volatile organic compound (VOC) densitometers for the marine industry.