Sakai Heavy Industries, Ltd. Provides Earnings Guidance for the Year Ending March 31, 2022
November 14, 2021 at 10:00 pm EST
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Sakai Heavy Industries, Ltd. provided earnings guidance for the year ending March 31, 2022. Net sales to be ?25,000 million. Operating profit to be ?900 million. Profit attributable to owners of parent to be ?520 million or Earnings per share of ?120.57.
SAKAI HEAVY INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of road paving equipment, as well as road maintenance and repair equipment. The Company is mainly engaged in the design, manufacture, sale and repair of construction equipment, industrial machinery and related parts, the purchase and sale of used construction equipment, as well as the design, construction, supervision and contracting of road pavement and repair work. The Company is engaged in the production of vibratory single drum rollers, vibratory tandem rollers, static pneumatic tired rollers, vibratory combined rollers, vibratory three wheel rollers, rammers, plate compactors, walk behind rollers and other road paving equipment, as well as road planers, asphalt pavers, road cleaners, water sprinklers and other road maintenance and repair equipment. The Company distributes its products within the domestic market and to overseas markets, including the American, Indonesia, and China.