Kurabo Industries Ltd. Provides Earnings Guidance for the Half Year Ending September 30, 2023, and Full Year March 31, 2024
May 18, 2023 at 07:00 am
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Kurabo Industries Ltd. provided earnings guidance for the half year ending September 30, 2023, and full year March 31, 2024. For the half year,the company expects Net sales of JPY 68,500 million, Operating profit of JPY 1,900 million, Profit attributable to owners of parent of JPY 1,400 million, Basic earnings per share JPY 74.41.
For the year, the company expects Net sales of JPY 154,000 million, Operating profit of JPY 7,900 million, Profit attributable to owners of parent of JPY 5,800 million, Basic earnings per share JPY 308.28.
KURABO INDUSTRIES LTD. is primarily engaged in the manufacture of textiles and chemicals. The Textile segment manufactures and sells threads, fabrics, textile, non-woven fabrics, knits, reinforced nets and secondary textile products, as well as the staining, arrangement and processing of synthetic fabrics. The Chemical segment manufactures and sells polyurethane foam, synthetic lumber, inorganic construction materials, functional film and high functional and engineering plastics, among others. The Real Estate segment is engaged in the leasing of real estate. The Environmental Mechatronics segment manufactures and sells information system equipment and inspection and measurement systems related to color and production management, designs, produces, constructs and sells various plants related to the environment and energy, manufactures biomass power generation business and bio-related products. The Food and Service segment engages in the manufacture and sales of freeze-dried foods.
KURABO INDUSTRIES LTD. 
