Avantia Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2024 and Full Year Ending August 31, 2024
January 11, 2024 at 04:00 am EST
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Avantia Co., Ltd. provided consolidated earnings guidance for the six months ending February 29, 2024 and full year ending August 31, 2024. For the six months, the company expected net sales of JPY 30,000 million; Operating profit of JPY 800 million; Profit attributable to owners of parent of JPY 520 million; and Earnings per share of JPY 36.37.
For the full year, the company expected net sales of JPY 70,000 million; Operating profit of JPY 2,400 million; Profit attributable to owners of parent of JPY 1,550 million; and Earnings per share of JPY 108.41.
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.