Hokuriku Electric Industry Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
November 10, 2020 at 05:00 am
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Hokuriku Electric Industry Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2020. For the six months, the company reported net sales of JPY 14,348 million, operating loss of JPY 302 million, ordinary loss of JPY 256 million and loss attributable to owners of parent of JPY 344 million, basic loss per share of JPY 41.12 as compared to net sales of JPY 20,121 million, operating profit of JPY 526 million, ordinary profit of JPY 455 million and profit attributable to owners of parent of JPY 310 million or basic earnings 37.09 a year ago.
HOKURIKU ELECTRIC INDUSTRY CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of resistors, module products, electronic devices and other electronic components. The Company operates through two business segments. The Electronic Components segment is engaged in the manufacture and sale of film resistors, variable resistors, hybrid integrated circuits, unit products, other module products, sensors, piezoelectric components, circuit boards and other electronic components. The Mold and Machinery Equipment segment is engaged in the manufacture and sale of molds and machinery and equipment. The Company is also engaged in the goods purchase, and real estate and insurance agency business.