Press Kogyo Co., Ltd. Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2022
August 06, 2021 at 03:00 am EDT
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Press Kogyo Co., Ltd. provided earnings guidance for the Six months ending September 30, 2021 and full year ending March 31, 2022. For the first half, the company expects net sales of JPY 78,300 million, Operating profit of JPY 6,100 million, Profit attributable to owners of parent of JPY 3,300 million and earnings per share of JPY 30.44.
For the full year ending March 31, 2022, the company expects net sales of JPY 152,400 million, Operating profit of JPY 10,900 million, Profit attributable to owners of parent of JPY 5,800 million and earnings per share of JPY 53.51.
PRESS KOGYO CO., LTD. is a Japan-based company primarily engaged in the manufacture of automotive parts and construction machinery. The Company operates in two business segments. The Automobile-related segment is involved in the manufacture and sale of automotive parts, automotive assembly and automobile molds. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery parts. The Company is also engaged in manufacture and sale of building-related parts and multi-story parking equipment. The main products include chassis frame, completed vehicle assembly, side cover, transmission cover, under cover, front bumper, front pillar inner, mold & automation equipment axle, motorcycle garage, cabin for construction machinery, and among others.