HKS Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 28, 2023 and Full Year Ending August 31, 2023
January 13, 2023 at 01:15 am EST
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HKS Co., Ltd. provided consolidated earnings guidance for the six months ending February 28, 2023 and full year ending August 31, 2023. For the six months, the company expects net sales to be JPY 4,200 million. Operating profit to be JPY 135 million. Profit attributable to owners of parent to be JPY 100 million. Basic earnings per share to be JPY 70.67.
For the full year, the company expects net sales to be JPY 9,000 million. Operating profit to be JPY 450 million. Profit attributable to owners of parent to be JPY 310 million. Basic earnings per share to be JPY 219.08.
HKS CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of automobile parts and ultralight plane engines. The Automobile-related Parts segment manufactures and sells mufflers, electronic parts, turbo chargers, suspensions, cryogenic and engine parts, among others. This segment distributes its products in domestic market and to overseas markets. Through its subsidiary, the Company is also engaged in the processing of parts for automobile manufacturers. The Others segment is involved in the manufacture and sale of ultralight plane engines and others.