Daitron Co., Ltd. Announces Consolidated Earnings Results for the Year Ended December 31, 2019; Announces Earnings Guidance for the Two Cumulative Quarters of 2020 and for Year Ending December 31, 2020
February 05, 2020
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Daitron Co., Ltd. announced consolidated earnings results for the year ended December 31, 2019. Net sales were JPY 61,621 million compared to JPY 59,662 million a year ago. Operating profit was JPY 3,205 million compared to JPY 3,546 million a year ago. Ordinary profit was JPY 3,220 million compared to JPY 3,592 million a year ago. Profit attributable to owners of the company was JPY 2,171 million compared to JPY 2,274 million a year ago. Earnings per share was JPY 195.86 compared to JPY 205.25 a year ago.
For the year ending December 31, 2020 the company expects net sales of JPY 63,000 million, Operating income of JPY 3,250 million, Ordinary income of JPY 2,190 million, Net income attributable to shareholders was JPY 2,190 million and net income per share of JPY 197.48.
For the two quarter 2020, the company expects net sales of JPY 31000 million, Operating income of JPY 1,380 million, Ordinary income of JPY 1,400 million, Net income attributable to shareholders was JPY 920 million and net income per share of JPY 82.96.
Daitron Co., Ltd., formerly Daito Electron Co., Ltd. is mainly engaged in the manufacturing, sales, export and import of electronic products. The Company is engaged in the provision of electronic devices and components, such as electronic part and assembly product, semiconductor product, embedded systems, power equipment, image related device and part, information system and others. Its manufacturing equipment includes lighting devices, large-scale integration (LSI) manufacturing equipment, flat-panel display manufacturing devices and electronic material manufacturing devices.
Daitron Co., Ltd. Announces Consolidated Earnings Results for the Year Ended December 31, 2019; Announces Earnings Guidance for the Two Cumulative Quarters of 2020 and for Year Ending December 31, 2020