Nichireki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
May 16, 2023 at 01:00 am EDT
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Nichireki Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 34,000 million, operating income of JPY 2,500 million and net income attributable to owners of parent of JPY 1,700 million or JPY 55.65 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 80,000 million, operating income of JPY 8,200 million and net income attributable to owners of parent of JPY 5,500 million or JPY 180.04 per share.
NICHIREKI CO., LTD. is a Japan-based company principally engaged in the provision of products, technology and construction services related to road pavement. The Company operates in two business segments. The Asphalt Application and Processed Products segment is engaged in the manufacture and sale of asphalt emulsions, modified asphalt and other road paving materials. The Road Pavement segment is engaged in the provision of road pavement, civil engineering, bridge waterproofing and other construction works. The Company is also engaged in the real estate leasing business and the insurance agency business.
NICHIREKI CO., LTD. 
