Aida Engineering, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 06, 2021 at 03:00 am EDT
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Aida Engineering, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. Net sales were JPY 13,079 million against JPY 10,559 million a year ago. Operating profit was JPY 270 million against JPY 179 million a year ago. Profit attributable to owners of parent was JPY 226 million against loss of JPY 140 million a year ago. Basic earnings per share was JPY 3.79 against loss of JPY 2.36 a year ago.
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.