Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2023 and Full Year Ending March 31, 2024
May 12, 2023 at 07:00 am
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Diamond Electric Holdings Co., Ltd. provided consolidated earnings guidance for the six months ended September 30, 2023 and full year ending March 31, 2024. For the six months, the company expected net sales of JPY 47,900 million, operating profit of JPY 100 million, loss attributable to owners of parent of JPY 220 million and basic loss per share of JPY 28.55.
For the full year, the company expected net sales of JPY 98,000 million, operating profit of JPY 850 million, profit attributable to owners of parent of JPY 210 million and basic earnings per share of JPY 27.25.
Diamond Electric Holdings Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of electronic control devices such as ignition coils and electrical components for automobiles. The Company operates through three business segments. The Automotive Equipment segment is engaged in the development, manufacture, sale, and supply of maintenance services for automotive ignition coils and electrical components. The Energy Solutions segment is engaged in the development, manufacture, sale, and supply of maintenance services for power conditioners for solar power generation and hybrid systems for energy storage. The Electronic Devices segment is engaged in the development, manufacture, sale, and supply of maintenance services for ignition devices for home heating and cooling systems and hot water supply systems, electronic control devices, and other products.
Diamond Electric Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2023 and Full Year Ending March 31, 2024