KATITAS CO., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2020 and Year Ending March 31, 2021
August 07, 2020 at 02:00 am EDT
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KATITAS CO., Ltd. provided earnings guidance for the Six months ending September 30, 2020 and year ending March 31, 2021. For Six months ending September 30, 2020, the company expects Net sales to be JPY 41,859 million, Operating profit to be JPY 4,339 million, Profit attributable to owners of parent to be JPY 2,855 million, Basic earnings per share to be JPY 37.23.
For Fiscal year ending March 31, 2021, the company expects Net sales to be JPY 90,206 million, Operating profit to be JPY 10,128 million, Profit attributable to owners of parent to be JPY 6,691 million, Basic earnings per share to be JPY 87.23.
KATITAS CO., LTD is a Japan-based company mainly engaged in the remodel of used homes. The Used Home Remodel segment is engaged in the purchase, renovating and distribution of used homes. The segment consists of purchase business, commercialization business and distribution business. The purchase methods of properties consist of purchase and auction. The commercialization business consists of the planning and construction of outside works, such as parking lots expansion and others. The distribution business conducts the distribution of used homes through in-house and intermediary sales.