Asahi Intecc Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended March 31, 2020; Provides Earnings Guidance for the Fourth Quarter Ending June 30, 2020
May 15, 2020 at 02:30 am EDT
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Asahi Intecc Co., Ltd. reported consolidated earnings results for the third quarter ended March 31, 2020. For the quarter, the company reported net sales of JPY 45,407 million against JPY 42,764 million last year. Operating income was JPY 12,366 million against JPY 12,919 million last year. Ordinary income was JPY 12,381 million against JPY 12,897 million last year. Profit attributable to owners of parent was JPY 9,278 million against JPY 9,934 million last year. Diluted earnings per share were JPY 35.45 against JPY 38.05 last year. Basic earnings per share were JPY 35.65 against JPY 38.29 last year.
For the fourth Quarter ending June 30, 2020, on consolidated basis, the company expects net sales of JPY 56,207 million, operating income of JPY 11,940 million, ordinary income of JPY 11,965 million, profit attributable to owners of parent of JPY 8,977 million or basic earnings per share of JPY 34.48.
ASAHI INTECC CO., LTD. is a Japan-based company engaged in the manufacture and sale of products in the medical device field and industrial device field. The Company operates through two business segments. The Medical segment is engaged in the development, manufacture and sale of private label products and OEM products in the medical device field. The Device segment is engaged in the development, manufacture, and sale of components in the medical device field and industrial device field.
Asahi Intecc Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended March 31, 2020; Provides Earnings Guidance for the Fourth Quarter Ending June 30, 2020