Marklines Co., Ltd. Provides Earnings Guidance for the Year Ending December 31, 2020
August 03, 2020 at 07:00 am
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MarkLines Co., Ltd. provided earnings guidance for the year ending December 31, 2020. For the year, the company expects net sales of ¥2,900 million, Operating profit of ¥1,000 million, profit attributable to owners of parent of ¥705 million or ¥53.29 basic per share.
MarkLines Co Ltd is a Japan-based company mainly engaged in the provision of online information services specializing in the automobile industry. The Company operates automotive industry portal which provides solutions through eight business segments includes information platform segment, consulting segment, recruitment segment, LMC Automotive Ltd. products (market forecast information) sales segment, promotional advertising segment, teardown investigation data sales segment, and vehicle parts procurement agency segment. The Company forms the supply chain of the automotive industry with related companies providing products and services include complete vehicle manufacturers, supporting parts manufacturers, materials manufacturers, equipment and machinery manufacturers, software vendors, trading companies, and transportation companies.