Hakudo Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022
August 10, 2021 at 02:00 am EDT
Share
Hakudo Co., Ltd. revised consolidated and non-consolidated earnings guidance for the six months ending September 30, 2021. For the six months ending September 30, 2021, the company now expects consolidated net sales of JPY 25,400 million, Operating profit of JPY 1,820 million and Profit attributable to owners of parent of JPY 1,300 million or JPY 114.62 per share against net sales of JPY 23,700 million, Operating profit of JPY 1,410 million and Profit attributable to owners of parent of JPY 1,020 million or JPY 89.93 per share provided earlier.
For the fiscal year ending March 31, 2022, the company now expects consolidated net sales of JPY 52,000 million, Operating profit of JPY 3,420 million and Profit attributable to owners of parent of JPY 2,400 million or JPY 211.61 per share against net sales of JPY 48,000 million, Operating profit of JPY 2,920 million and Profit attributable to owners of parent of JPY 2,070 million or JPY 182.51 per share provided earlier.
For the six months ending September 30, 2021, the company now expects non-consolidated net sales of JPY 24,000 million, Operating profit of JPY 1,760 million and Profit of JPY 1,210 million or JPY 106.68 per share against net sales of JPY 22,300 million, Operating profit of JPY 1,370 million and Profit of JPY 930 million or JPY 82.00 per share provided earlier.
For the fiscal year ending March 31, 2022, the company now expects non-consolidated net sales of JPY 49,000 million, Operating profit of JPY 3,250 million and Profit of JPY 2,220 million or JPY 195.73 per share against net sales of JPY 45,100 million, Operating profit of JPY 2,800 million and Profit of JPY 1,910 million or JPY 168.40 per share provided earlier.
Hakudo Co., Ltd. is a company mainly engaged in the processing and sale of metal and plastic products. The Company operates in two business segments. The Japan segment purchases various products from material manufacturers and others, cuts and processes the standard stock products, and delivers to customers in a short delivery time. The China segment purchases products from the Company and material manufacturers, stocks in factories in Shanghai, cuts, processes and delivers to customers in China in a short delivery time. In Thailand, the Company also sells products stocked in external warehouses in Bangkok to local companies.
Hakudo Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022