Riken Keiki Co., Ltd. Provides Earnings Guidance for the Second Quarter September 30, 2023 and Year Ending March 31, 2024
August 18, 2023 at 02:00 am EDT
Share
Riken Keiki Co., Ltd. provided earnings guidance for the second quarter September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expected net sales to be ¥22,200 million. Operating profit to be ¥5,350 million. Net profit attributable to owners of parent to be ¥3,600 million or earnings per share to be ¥154.62
For the full year, the company expected net sales to be ¥46,400 million. Operating profit to be ¥11,600 million. Net profit attributable to owners of parent to be ¥8,700 million or earnings per share to be ¥373.66.
RIKEN KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacture and sale of various industrial measuring instruments, and ancillary services. The Company is engaged in the manufacture and sale of gas detection and alarm equipment. The Company also provides after-sales service. It mainly provides stationary gas detection and alarm equipment, portable gas detection and alarm equipment, and other measurement equipment. Stationary gas detection alarms include system component multi-gas detection alarms. Portable gas detection and alarm devices include portable compound gas detectors, personal gas monitors for the petroleum industry. Other measuring instruments include surface analyzers for research institutions and volatile organic compound (VOC) densitometers for the marine industry.
RIKEN KEIKI CO., LTD. 
