Moriroku Holdings Company, Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
May 19, 2023 at 05:00 am
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Moriroku Holdings Company, Ltd. provided earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expected net sales of JPY 58,500 million, Operating profit of JPY 500 million, Loss attributable to owners of parent of JPY 500 million or LPS of JPY 21.86.
For the full year, the company expected net sales of JPY 130,000 million, Operating profit of JPY 3,500 million, profit attributable to owners of parent of JPY 1,900 million or EPS of JPY 126.51.
Moriroku Co Ltd, formerly Moriroku Holdings Co Ltd, is a Japan-based company mainly engaged in the chemical business and resin processed products business. The Company operates through two segments. The Resin Processed Products business segment mainly manufactures and sells resin parts for automobiles. The main products include interior resin parts such as center panels, center consoles, and outlets, and exterior resin parts such as side sills, cowl tops, and tailgate spoilers. The Chemical business segment is primarily engaged in the sales, import and export of chemical products, and the manufacture and sale of synthetic resin processed products. This segment handles products in fields such as electrical and electronic materials, automotive materials, coatings, fine chemicals, household materials, and resin processed products.