Rheon Automatic Machinery Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 08, 2023 at 02:15 am EDT
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Rheon Automatic Machinery Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 16,600 million, operating profit of JPY 1,550 million, profit attributable to owners of parent of JPY 1,270 million and basic earnings per share of JPY 47.38.
For the year, the company expects net sales of JPY 34,800 million, operating profit of JPY 3,450 million, profit attributable to owners of parent of JPY 2,700 million and basic earnings per share of JPY 100.72.
RHEON AUTOMATIC MACHINERY CO.,LTD. is a Japan-based company mainly engaged in the development, manufacture and sale of automatic food processing machines, and manufacture and sale of food products. It operates through two business segments. Food Processing Machinery Manufacturing and Sales business operates in Japan, North and South America, Europe and Asia, and is engaged in development, manufacture and sale of food molding machines and bread making lines. It also provides equipment and parts repair, options and technical guidance service. It provides ovens, mixers and packaging machines purchased from other companies. Food Manufacturing and Sales business operates in North and South America and Japan. It manufactures and sells high-processing frozen foods such as croissants, danish pastries, pies, cookies and frozen roll-in dough, and natural yeast bread. Food processing machines include universal automatic packaging machines, Martians, flex in clusters, EZ dividers and others.
Rheon Automatic Machinery Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
RHEON AUTOMATIC MACHINERY CO., LTD. 
