Nippon Concrete Industries Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
June 07, 2023 at 02:00 am EDT
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Nippon Concrete Industries 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, 2022, the company expects net sales of JPY 27,000 million, operating profit of JPY 650 million and profit attributable to owners of parent of JPY 400 million or JPY 7.13 per basic share.
For the year ending March 31, 2023, the company expects net sales of JPY 55,000 million, operating profit of JPY 1,300 million and profit attributable to owners of parent of JPY 800 million or JPY 14.26 per basic share.
NIPPON CONCRETE INDUSTRIES CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of poles, piles and civil engineering products, the purchase of raw materials, the transportation of products, as well as the construction business. The Company operates in three business segments. The Basic segment is engaged in the manufacture and sale of pile products, as well as the provision of piling works and ground improvement works. The Secondary Concrete Products segment is engaged in the manufacture and sale of secondary concrete products such as poles and civil engineering products, as well as the provision of contract test research services and construction works. The Real Estate and Solar Power segment is engaged in the real estate leasing business and the solar power business.
Nippon Concrete Industries Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
NIPPON CONCRETE INDUSTRIES CO., LTD. 
