Daiki Axis Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019, Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019
November 11, 2019
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Daiki Axis Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the period, the net sales were JPY 26,590 million against JPY 25,477 million a year ago, Operating income was JPY 755 million against JPY 446 million a year ago, Ordinary income was JPY 856 million against JPY 585 million a year ago, profit was JPY 450 million against JPY 511 million a year ago The earnings per share was JPY 35.5 against JPY 42.68 a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year, the company expects Net sales JPY 36,880 million, operating income of JPY 1,200 million, ordinary income of JPY 1,300 million, profit attributable to the owners of parent of JPY 800 million and earnings per share of JPY 66.74.
Daiki Axis Co.,Ltd. is a Japan-based company primarily engaged in the environmental equipment and residential equipment-related business. The Company has three business segments. Its Environment Equipment-related segment mainly involves in the manufacture, construction, sale and maintenance of water treatment equipment, including septic tanks. This segment provides products used in wastewater treatment and industrial water treatment, as well as sewer water treatment equipment. The Residential Equipment-related segment mainly involves in the sale of residential and education-related facilities, as well as interior and exterior works. The Others segment mainly involves in the manufacture and sale of biodiesel, bottled water and pet goods.
Daiki Axis Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019, Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019