Hanwa Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
May 13, 2022 at 12:00 am EDT
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Hanwa Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. for the year, the company expects net sales of JPY 2,400,000 million, operating income of JPY 55,000 million, profit attributable to owners of the company of JPY 36,500 million and net income per share of JPY 898.19.
HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.