Shinagawa Refractories Co., Ltd. Provides Consolidated Earnings Guidance for the Period Ending September 2023 and March 2024
May 11, 2023 at 02:00 am EDT
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Shinagawa Refractories Co., Ltd. provided consolidated earnings guidance for the period ending September 2023 and March 2024. For the period, the company expects net sales of JPY 70,000 million, operating profit of JPY 5,000 million, profit attributable to owners of parent JPY 7,500 million and basic earnings per share of JPY 801.55.
For the year, the company expects net sales of JPY 140,000 million, operating profit of JPY 12,000 million, profit attributable to owners of parent JPY 12,000 million and basic earnings per share of JPY 1,282.47.
SHINAGAWA REFRACTORIES CO.,LTD. is a Japan-based company engaged in the manufacture and sale of refractories, the installation of furnaces and the leasing of real estate. The Company operates through three business segments. The Refractory and Related Product segment is engaged in the manufacture and sale of regular refractories, irregular refractories, mold powder, calcined lime, chemicals, refractory insulation bricks, ceramic fibers and fine ceramics. The Engineering segment is involved in the design and installation of furnaces. The Real Estate and Leisure segment is engaged in the leasing of real estate and the operation of golf courses, public bathhouses and hotels.