Nikko Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 17, 2021 at 04:30 am EDT
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Nikko Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 8,817 million against JPY 7,271 million a year ago. Operating income was JPY 375 million against JPY 408 million a year ago. Quarterly net income attributable to owners was JPY 378 million against JPY 746 million a year ago. Quarterly net income per share was JPY 9.91 against JPY 19.29 a year ago.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.