Vt Holdings Co.,Ltd. Provides Earnings Guidance for the Six Months Ending September 2021 and Year Ending March 31, 2022
May 14, 2021 at 04:00 am EDT
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Vt Holdings Co.,Ltd. provided earnings guidance for the six months ending September 2021 and year ending March 31, 2022. For the six months ending September 2021 the company expected sales of JPY 100,000 million, operating profit of JPY 3,400 million, and profit attributable to owners of parent of JPY 2,200 million or basic earnings per share of JPY 19.07.
For the year ending March 31, 2022, the company expected sales of JPY 220,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parent of JPY 5,000 million or basic earnings per share of JPY 43.34.
VT Holdings Co Ltd is a Japan-based company mainly engaged in the car sales related business mainly consisting of dealership business, car rental business and car export business. The Company operates through two business segments. The Automobile Sales Related segment is involved in the car sales related business including new car dealership business, which sells new and used cars and repairs automobiles, the import car importer business, used car export business, car rental business and others. The Housing Related segment is involved in the condominium sales, single-family home sales, construction contracts and others. The Company is also involved in the group-wide management business.