Nippon Concrete Industries Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended June 30, 2020
September 11, 2020 at 02:00 am EDT
Share
Nippon Concrete Industries Co., Ltd. reported consolidated earnings results for the three months ended June 30, 2020. For the period, the company reported net sales of ¥10,922 million against ¥10,928 million a year ago. Operating profit was ¥249 million against loss of ¥55 million a year ago. Basic earnings per share was ¥4.88 against ¥1.64 a year ago. Profit was ¥315,902,000 against ¥137,426,000 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.