J.E.T. Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2024 and Full Year of Fiscal Year Ending December 31, 2024
February 09, 2024 at 01:00 am EST
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J.E.T. Co., Ltd. provided consolidated earnings guidance for the six months ending June 30, 2024 and full year of fiscal year ending December 31, 2024. For the six months, the company expects net sales of JPY 10,600 million, operating profit of JPY 620 million, profit attributable to owners of parent of JPY 330 million and basic earnings per share of JPY 75.51.
For the full year, the company expects net sales of JPY 25,680 million, operating profit of JPY 2,740 million, profit attributable to owners of parent of JPY 1,740 million and basic earnings per share of JPY 398.16.
JET Co Ltd is a Japan-based company mainly engaged in the semiconductor business. The Company is engaged in the development, design, manufacture, and sale of semiconductor cleaning equipment. The batch type cleaning device includes BW3700, BW3000, and BW2000. The single-wafer cleaning device includes HTS-300. Mainly sold to semiconductor manufacturers in South Korea, China and Taiwan markets. The Company also provides field services related to semiconductor cleaning equipment, including equipment modification, parts sales, maintenance services at customers' factories. It is also engaged in the development and sale of lithium-ion battery (LIB) inspection and manufacturing equipment such as the internal short-circuit/open event inspector ISO EC-J1000, which inspects battery elements after injection using a unique algorithm, and the production and sale of agricultural products.