Gremz,Inc. Provides Consolidated Earnings Forecasts for the Six Months Ending September 30, 2022 and Fiscal Year Ending March 31, 2023
June 23, 2022 at 11:00 pm EDT
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gremz,Inc. provided consolidated earnings forecasts for the six months ending September 30, 2022 and fiscal year ending March 31, 2023. For the six months, company expects net sales to be JPY 13,638 million, operating profit to be JPY 1,048 million, profit attributable to owners of parent to be JPY 702 million and basic earnings per share to be JPY 30.84.
For the fiscal year-end, company expects net sales to be JPY 27,526 million, operating profit to be JPY 2,700 million, profit attributable to owners of parent to be JPY 1,796 million and basic earnings per share to be JPY 78.89.
gremz,Inc. is primarily engaged in providing consulting services, various products and services related to electric power, as well as development of renewable energy. The Company operates in three business segments. The Energy Cost Solution segment is engaged in the proposal of energy cost reduction for corporations, the sale of light-emitting diode (LED) lighting equipment, and electricity retail business. The Smart House Project segment sells products that reduce environmental impact such as household solar power generation systems and storage batteries, as well as development of renewable energy. The Incubation segment is engaged in finding out new business, the sale of products through Website.