Topre Corporation Reports Consolidated Earnings Results for the First Three Quarters Ended December 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
February 14, 2019 at 02:00 am EST
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Topre Corporation reported consolidated earnings results for the first three quarters ended December 2018. For the period, the company reported net sales of JPY 149,765 million against JPY 138,496 million a year ago. Operating income was JPY 16,469 million against JPY 17,638 million a year ago. Profit attributable to owners of parent was JPY 12,720 million against JPY 13,299 million a year ago. Basic earnings per share were JPY 242.38 against JPY 259.83 a year ago.
For the year ending March 31, 2019, the company expects consolidated net sales of JPY 200,000 million, operating income of JPY 20,000 million and profit attributable to owners of parent 15,000 or JPY 285.81 per basic share.
Topre Corporation is a Japan-based company mainly engaged in the manufacture and sale of pressed products, constant thermal logistics-related products, air conditioners and electronic devices. The Company operates in three business segments. The Press-related Products segment offers pressed products and molds for pressed products. The Constant Thermal Logistics segment is involved in the production and sale of freezer cars and refrigerator cars. The Others segment is involved in the production and sale of clean room equipment, air blowers, ventilation system for housing use, as well as electronic equipment. This segment is also engaged in the surface processing business. As of March 31, 2014, the Company had 16 subsidiaries and one associated company.
Topre Corporation Reports Consolidated Earnings Results for the First Three Quarters Ended December 2018; Provides Earnings Guidance for the Year Ending March 31, 2019