Denyo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Year Ending March 31, 2024
August 16, 2023 at 06:00 am
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Denyo Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and for the year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of ¥30,000 million, operating profit of ¥1,600 million and profit attributable to owners of the parent of ¥1,200 million or ¥58.16 per share.
For the year ending March 31, 2024, the company expects net sales of ¥65,000 million, operating profit of ¥5,350 million and profit attributable to owners of the parent of ¥3,700 million or ¥179.33 per share.
Denyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of industrial electric machinery and apparatuses. The Company operates in four region segments. In Japan, the Company manufactures and sells engine electric generators, engine welders, engine compressors and generating equipment for emergency, as well as parts for repair use. In the United States, the Company is engaged in the manufacture and sale of engine electric generators and engine compressors. In Asia, the Company is engaged in the sale and lease of engine electric generators and engine welders. In Europe, the Company sells engine electric generators and engine welders.