G-Tekt Corporation Reports Consolidated Financial Results for the Six Months Ended Sep. 30, 2019; Announces Dividend for the Six Months Ended Sep. 30, 2019, Payable on December 2, 2019; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2020
November 07, 2019
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G-Tekt Corporation reported consolidated financial results for the six months ended Sep. 30, 2019. For the six months, the company reported operating profit of ¥4,770 million and net income attributable to owners of parent of ¥3,230 million or ¥75.40 per share on net sales of ¥117,689 million against operating profit of ¥6,843 million and net income attributable to owners of parent of ¥4,211 million or ¥97.21 per share on net sales of ¥119,932 million for the same period of last year.
For the year ending Mar. 31, 2020, the company expects, operating profit of ¥11,400 million and net income attributable to owners of parent of ¥7,800 million or ¥181.86 per share on net sales of ¥241,000 million.
For the year ending Mar. 31, 2020, the company expects to pay a dividend of ¥24 per share at the end of the year.
For the six months ended Sep. 30, 2019, the company announced a dividend of ¥24 per share, payable on December 2, 2019.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-Tekt Corporation Reports Consolidated Financial Results for the Six Months Ended Sep. 30, 2019; Announces Dividend for the Six Months Ended Sep. 30, 2019, Payable on December 2, 2019; Provides Financial and Dividend Guidance for the Year Ending Mar. 31, 2020
G-TEKT CORPORATION 
