NAFCO Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2021
July 21, 2021 at 01:00 am EDT
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NAFCO Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported Net Sales were ¥56,238 million against ¥65,142 million a year ago. Operating profit was ¥4,456 million against ¥7,572 million a year ago. Ordinary profit was ¥4,541 million against ¥7,672 million a year ago. Profit was ¥2,817 million against ¥4,722 million a year ago. Basic earnings per share was ¥98.63 against ¥165.33 a year ago.
NAFCO Co., Ltd. is primarily engaged in the operation of specialty chain stores focused on home center business. The Company offers materials, Do-It-Yourself (DIY) products, gardening materials, daily necessities, furniture and home fashion goods through its chain stores located in Kyushu, China, Kansai and Central Areas. The Company's store type is mainly large-scale store with enough parking space in the suburb, offering with a wild selection of products and prices that can satisfy a wide range of customers.