Kasai Kogyo Co., Ltd. Reports Earnings Results for the First Half of Fiscal 2012; Provides Earnings Guidance for the Second Half of Fiscal 2012 and for the Fourth Quarter of Fiscal 2012; Announces Establishment of New Plant in Alabama
For the second half, the company expects net sales of JPY 144,000, operating profit of JPY 4,300 million, ordinary profit of JPY 4,300 million and net profit of JPY 2,200 million.
Strengthening of business management system in North America, the company expects return to profitability in the fourth quarter of fiscal 2012.
The company announced establishment of a new plant in Alabama to build up the production capacity and review production allocated.