Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2024 and Full Year Ending March 31, 2025
May 15, 2024 at 01:45 am EDT
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Diamond Electric Holdings Co., Ltd. provided consolidated earnings guidance for the six months ended September 30, 2024 and full year ending March 31, 2025. For the six months, the company expected net sales of JPY 44,800 million, operating loss of JPY 600 million, loss attributable to owners of parent of JPY 970 million and basic loss per share of JPY 115.85.
For the full year, the company expected net sales of JPY 94,000 million, operating profit of JPY 800 million, loss attributable to owners of parent of JPY 300 million and basic loss per share of JPY 35.83.
Diamond Electric Holdings Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of electronic control devices such as ignition coils and electrical components for automobiles. The Company operates through three business segments. The Automotive Equipment segment is engaged in the development, manufacture, sale, and supply of maintenance services for automotive ignition coils and electrical components. The Energy Solutions segment is engaged in the development, manufacture, sale, and supply of maintenance services for power conditioners for solar power generation and hybrid systems for energy storage. The Electronic Devices segment is engaged in the development, manufacture, sale, and supply of maintenance services for ignition devices for home heating and cooling systems and hot water supply systems, electronic control devices, and other products.
Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2024 and Full Year Ending March 31, 2025