Rinnai Corporation Provides Consolidated Earnings Guidance for the Year to Date Period Ending September 2021 and Full Year Ending March 31, 2022
August 06, 2021 at 02:00 am EDT
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Rinnai Corporation provided consolidated earnings guidance for the year to date period ending September 2021 and full year ending March 31, 2022. For the year to date period, the company expects net sales of JPY 169,000 million, operating profit of JPY 15,800 million, ordinary profit of JPY 16,300 million, profit attributable to owners of parent of JPY 9,900 million, and basic earnings per share of JPY 192.61.
For the full year, the company expects net sales of JPY 365,000 million, operating profit of JPY 41,000 million, ordinary profit of JPY 42,000 million, profit attributable to owners of parent of JPY 26,000 million, and basic earnings per share of JPY 505.83.
RINNAI CORPORATION is a Japan-based company engaged in the manufacture and sale of heating appliances and components. The products and components are manufactured by the company and affiliated companies. In the domestic market, the Company sells directly to customers such as city gas companies, propane fuel sales companies, housing equipment manufacturers, house manufacturers, pipe building material sales companies. The Company manufactures and sells at overseas subsidiaries and affiliates. The Company operates in six businesses, including Japan, the United States, Australia, China, Korea, and Indonesia.
RINNAI CORPORATION 
