Miyaji Engineering Group,Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
May 14, 2023
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Miyaji Engineering Group,Inc. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 31,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,200 million and basic earnings per share of JPY 176.34.
For the year, the company expects net sales of JPY 69,000 million, operating profit of JPY 6,600 million, profit attributable to owners of parent of JPY 3,500 million and basic earnings per share of JPY 514.32.
MIYAJI ENGINEERING GROUP, INC. is a Japan-based company mainly engaged in the bridge business. The Company operates in two business segments. Along with its subsidiaries, MIYAJI ENGINEERING segment is engaged in the design, production and site installation, the maintenance, repair and reinforcement of bridges, structural steel products and others; sales of fiber-reinforced plastics (FRP) structures; prestressed concrete bridges and other civil engineering works; as well as earthquake-proof and seismic isolation works for large and high-rise buildings, steel towers, chimneys, factory buildings and others. The MM BRIDGE segment is engaged in the production, installation, sales and repair of bridges, coastal structures, as well as the contract, design and supervise construction of civil engineering construction works.
MIYAJI ENGINEERING GROUP,INC. 
