Rinnai Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 2021
August 06, 2021 at 02:00 am EDT
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Rinnai Corporation reported consolidated earnings results for the first quarter ended June 2021. For the quarter, net sales were JPY 84,507 million against JPY 68,586 million reported a year ago. Operating profit was JPY 9,180 million against JPY 4,249 million reported a year ago. Profit attributable to owners of parent was JPY 6,192 million against JPY 3,763 million reported a year ago. Basic earnings per share was JPY 120.48 against JPY 73.23 reported a year ago.
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 
