Nippon Concrete Industries Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2020; Provides Earnings Guidance for the Year Ending March 31, 2021
September 11, 2020 at 02:00 am EDT
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Nippon Concrete Industries Co., Ltd. provided earnings guidance for the six months ending September 30, 2020. For the period, the company expects net sales of ¥24,500 million, operating profit of ¥650 million, profit attributable to owners of parent of ¥550 million or ¥9.78 per share.
For the year ending March 31, 2021, the company expects net sales of ¥48,000 million, operating profit of ¥1,400 million, profit attributable to owners of parent of ¥1,050 million or ¥18.67 per 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 Earnings Guidance for the Six Months Ending September 30, 2020; Provides Earnings Guidance for the Year Ending March 31, 2021
NIPPON CONCRETE INDUSTRIES CO., LTD. 
