Kawata Mfg. Co., Ltd. Reports Consolidated Earnings Results for the Quarter Ended June 30, 2020
August 12, 2020 at 06:00 am
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Kawata Mfg. Co., Ltd. reported consolidated earnings results for the quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 4,333 million against JPY 5,918 million a year ago. Operating income was JPY 95 million against JPY 480 million a year ago. Net loss attributable to owners of parent was JPY 1 million or JPY 0.18 per share against profit of JPY 229 million or JPY 32.36 per share a year ago.
KAWATA MFG.CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of plastic products making equipment, as well as the provision of related system engineering services and other related services. The Company operates through four regional segments. The Company is engaged in the production of transport equipment (Autoloaders), transport, weighing and mixing equipment (Auto Colors), high speed mixers (Super Mixers), driers (Challengers), large drying devices, material storage systems, automatic material supply systems, material weighing and mixing systems, mold temperature controllers (Just Thermo), mold cooling devices (Chillers), plastics crushers, as well as streamed equipment and automated systems for each process of environmental preservation. The Company operates in Japan, East Asia, Southeast Asia and North America.