Nippon Concrete Industries Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
December 08, 2020 at 01:00 am EST
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Nippon Concrete Industries Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2020. For the period, the company reported net sales of ¥22,753 million against ¥23,141 million a year ago. Operating profit was ¥1,037 million against loss of ¥330 million a year ago. Profit attributable to owners of parent was ¥747 million against loss of ¥198 million a year ago. Basic earnings per share was ¥13.30 against loss of ¥3.53 a year ago.
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.