Avantia Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 28, 2023 and Year Ending August 31, 2023
October 11, 2022 at 04:45 am EDT
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Avantia Co.,Ltd. provided consolidated earnings guidance for the six months ending February 28, 2023 and year ending August 31, 2023. For the year, the company expects net sales to be JPY 62,000 million, operating profit to be JPY 1,900 million, profit attributable to owners of parent to be JPY 1,300 million and earnings per share to be JPY 91.14.
For the six months, the company expects net sales to be JPY 27,000 million, operating profit to be JPY 600 million, profit attributable to owners of parent to be JPY 400 million and earnings per share to be JPY 28.04.
AVANTIA CO.,LTD., formerly SANYO HOUSING NAGOYA CO., LTD., is a Japan-based company principally engaged in the housing business. The Company operates in three business segments. The Housing segment is engaged in the construction and sale of custom-made housing with land and detached houses. The Condominium segment is engaged in the planning and sale of condominiums. The General Contract Work segment is engaged in the contract construction works, contract civil engineering works and contract piping works. The Company is also engaged in the brokerage and surveying of real estate properties.
AVANTIA CO., LTD. 
