Tein, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
August 07, 2020 at 08:00 am
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Tein, Inc. provided consolidated earnings guidance for the full year ending March 31, 2021. For the full year, the company expects net sales to be JPY 4,017 million, operating profit to be JPY 505 million, profit attributable to owners of the parent to be JPY 411 million and basic earnings per share to be JPY 79.22.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.