Punch Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025
May 16, 2024 at 08:00 am
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Punch Industry Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months, the company expects net sales of JPY 18,800 million, operating profit of JPY 700 million, profit attributable to owners of parent of JPY 250 million and earnings per share of JPY 10.22.
For the year, the company expects net sales of JPY 38,500 million, operating profit of JPY 2,150 million, profit attributable to owners of parent of JPY 1,200 million and earnings per share of JPY 49.05.
PUNCH INDUSTRY CO., LTD. is principally engaged in the manufacture and distribution of molds. The Company's main products are comprised of plastic molds, which are used for the manufacture of plastic products, such as the outer frame of digital cameras and mobile phones, as well as pressed molds, which are manufactured by pressing machinery. The main products manufactured by the Company include sprue bushings, gate bushings, ejector pins and other plastic molds, as well as guide bushes for die sets, punches, stripper guides and other pressed molds.