Ultrafabrics Holdings Co.,Ltd. Announces Earnings Guidance for the Half Year Ending June 2021 and Year Ending December 31, 2021
February 15, 2021 at 01:00 am EST
Share
Ultrafabrics Holdings Co.,Ltd. announced earnings guidance for the half year ending June 2021 and year ending December 31, 2021. For the half year ending June 2021, the company expects, net sales of ¥6,020 million, operating profit of ¥510 million and profit of ¥270 million or ¥31.54 per share.
For the year ending December 31, 2021, the company expects, net sales of ¥12,000 million, operating profit of ¥1,000 million and profit of ¥500 million or ¥58.41 per share.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
