Ultrafabrics Holdings Co.,Ltd. Announces Financial Results for the Quarter Ended September 2020
November 13, 2020 at 01:15 am EST
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Ultrafabrics Holdings Co.,Ltd. announced financial results for the quarter ended September 2020. For the period, the company reported sales of JPY 7,107 million against JPY 8,758 million a year ago. Operating profit was JPY 265 million against JPY 805 million a year ago. Profit was negative JPY 2 million against JPY 253 million a year ago. EPS basic of negative JPY 0.26 against JPY 30.32 a year ago. EPS diluted of negative JPY 0.26 against JPY 27.16 a year ago.
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. 
