Aida Engineering, Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2023, and the Year Ending March 31, 2024
August 08, 2023 at 03:00 am EDT
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Aida Engineering, Ltd. provided earnings guidance for the six months ending September 30, 2023, and the year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 36,000 million, an Operating profit of JPY 2,350 million, Profit attributable to owners of the parent of JPY 1,800 million or JPY 30.14 basic per share.
For the year ending March 31, 2024, the company expects net sales of JPY 72,000 million, an Operating profit of JPY 4,700 million, Profit attributable to owners of the parent of JPY 3,600 million or JPY 60.29 basic per share.
Aida Engineering Ltd is a Japan-based company mainly engaged in the manufacture and sale of forming machinery with a focus on press machines, various automatic apparatus, industrial robots and dies. The Company operates in five geographic segments. The Japan segment is engaged in the manufacture and sale of press machines and drive devices, and the provision of related services. The China segment, Asia segment, Americas segment and Europe segment are engaged in the provision of press machines and services. The main products include multi-purpose servo presses, precision forming presses, multi-purpose presses, high speed automatic presses, cold forging presses, conveyance equipment, coil feeders and tooling dies.
AIDA ENGINEERING, LTD. 
