CTS Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2020; Provides Earnings Guidance for the Year Ending March 31, 2021
August 03, 2020 at 02:30 am EDT
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CTS Co., Ltd. provided earnings guidance for the six months ending September 30, 2020. For the period, the company expects net sales of ¥4,500 million, operating profit of ¥820 million, profit attributable to owners of parent of ¥530 million or ¥12.42 per share.
For the full year, the company expects net sales of ¥9,600 million, operating profit of ¥1,920 million, profit attributable to owners of parent of ¥1,230 million or ¥28.82 per share.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.
CTS CO., LTD. 
