Shinwa Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended February 28, 2022 and Full Year Ending August 31, 2022
January 14, 2022 at 07:00 am
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Shinwa Co., Ltd. provided Consolidated earnings Guidance for the Six months ended February 28, 2022 and Full year ending August 31, 2022. For the six months, the company's Net sales expected to be of JPY 33,000 Million. Operating profit expected to be of JPY 2,018 Million. Profit attributable to owners of parent expected to be of JPY 1440 Million. Basic earnings per share expected to be of JPY 107.91.
For the Full year, the company's Net sales expected to be of JPY 67,000 Million. Operating profit expected to be of JPY 4,300 Million. Profit attributable to owners of parent expected to be of JPY 3,000 Million. Basic earnings per share expected to be of JPY 224.72.
Shinwa Co Ltd is a Japan-based company engaged in the manufacture, sale and maintenance of production equipment and materials in the manufacturing industry. The Company operates in four regional segments. The Company is engaged in the sale of metal joints, industrial equipment, factory automation (FA) system related products, the provision of cover welding and spraying services, soldering services and maintenance works, the manufacture and sale of FA systems, as well as the logistics business, the real estate management business, the insurance agency business, and the manufacture and sale of resin products. The Company operates within the domestic market and to overseas markets, including the United States, Southeast Asia and China.