Daiken Co.,Ltd. Provides Earnings Guidance for the Six Months Ending August 31, 2024 and Year Ending February 29, 2025
April 05, 2024 at 07:30 am
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Daiken Co.,Ltd. provided earnings guidance for the six months ending August 31, 2024 and year ending February 29, 2025. For the six months ending August 31, 2024, the company expects net sales of JPY 5,500 million, operating profit of JPY 175 million and profit of JPY 120 million or JPY 21.88 per basic share.
For the year ending February 29, 2025, the company expects net sales of JPY 11,500 million, operating profit of JPY 570 million and profit of JPY 360 million or JPY 65.65 per share.
DAIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building hardware, exterior building materials and exterior products. The Company operates through two business segments. The Building Related Products segment is engaged in the manufacture, sale and installation of exterior building materials, interior building materials, as well as home delivery boxes, door hangers, and household sliding door closers. The Real Estate Rental segment is engaged in the operation of rental apartments for singles and rental stores. Exterior building materials include shades, aluminum drainers, handrails for shades, exterior blindfolded panels. Interior building materials include inspection doors, pits, gratings, stainless steel entrance wiping mats, ceiling lighting louvers, aluminum pipes, curtain rails.