Iwaki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of 2023; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
May 12, 2022
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Iwaki Co., Ltd. provided consolidated earnings guidance for the first half of 2023. For the period, the company expects net sales of JPY 17,082 million, operating profit of JPY 1,196 million, profit attributable to owners of parent of JPY 1,091 million or JPY 49.83 per share.
For the year ending March 31, 2023, the company expects net sales of JPY 34,830 million, operating profit of JPY 2,748 million, profit attributable to owners of parent of JPY 2,547 million or JPY 116.31 per share.
IWAKI CO., LTD. is a Japan-based company mainly engaged in the development, manufacture, purchase and sale of chemical pumps and peripheral equipment such as pump dedicated controllers and others which are used in transportation of liquid chemicals. The Company is also engaged in the maintenance services including repair of products, provision of after services and installation works. Chemical pumps are used for transferring high-purity chemicals in industrial fields including semiconductors and liquid crystals, chemical, electronic components, water treatment, food, medical and solar cells, fuel cells and secondary batteries.The Company distributes its products, including magnet pumps, metering pumps, air-driven pumps, rotating volume pumps, air pumps and system products to various markets such as semiconductor and liquid crystal, medical device, surface treatment equipment, water treatment, chemical, new energy and other markets.
Iwaki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half of 2023; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023