Japan Elevator Service Holdings Co.,Ltd. Revises Earnings Guidance for the Second Half and Full Year 2021
February 05, 2021 at 01:00 am EST
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Japan Elevator Service Holdings Co.,Ltd. revised earnings guidance for the second half and full year 2021. For the second half, the company expected net sales of JPY 13,033 million, operating profit of JPY 1,933 million and profit attributable to owners of parent of JPY 1,195 million compared to previous guidance for net sales of JPY 12,000 million, operating profit of JPY 1,750 million and profit attributable to owners of parent of JPY 1,100 million.
For the full year, the company expected net sales of JPY 24,000 million, operating profit of JPY 3,550 million and profit attributable to owners of parent of JPY 2,300 million compared to previous guidance for net sales of JPY 23,000 million, operating profit of JPY 3,100 million and profit attributable to owners of parent of JPY 1,900 million.
JAPAN ELEVATOR SERVICE HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the provision of the maintenance and inspection service for elevators and escalators, as well as the renewal service for elevators. The Company operates three kind of businesses. The maintenance and inspection business is involved in the provision of maintenance, inspection, replace and repair services for the engine performance and the operation safety of elevators and escalators. The renewal business is involved in the provision of a full range of main components? replacing service, the removal service of products already in the field, as well as the new setting service for elevators which are installed 20 years ago. The others business is involved in the sale of parts for elevator's maintenance.