Midac Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 12, 2022 at 02:30 am EDT
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Midac Holdings Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, the company expected net sales of ¥3,794 million, operating profit of ¥1,283 million, profit attributable to owners of parent of ¥696 million and earnings per share of ¥25.30.
For the year, the company expected net sales of ¥7,844 million, operating profit of ¥2,962 million, profit attributable to owners of parent of ¥1,750 million and earnings per share of ¥63.57.
MIDAC CO., LTD. is mainly engaged in the waste disposal business. The Company operates through three major business segments. The Waste Disposal segment is engaged in the provision of waste disposal services via its facilities. The Waste Collection and Transportation segment is mainly engaged in the collection and transportation of waste. The Brokerage Management segment provides operator introduction services to the processing company. The Waste Disposal segment consists of intermediate disposal of waste and final disposal of waste.