Ultrafabrics Holdings Co.,Ltd. Provides Financial Forecast for Quarter Ending December 2020
November 13, 2020 at 06:15 am
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Ultrafabrics Holdings Co.,Ltd. provided financial forecast for quarter ending December 2020. The company expected sales of JPY 9,000 million, Operating profit of JPY 200 million, loss of JPY 90 million and loss per share basic of JPY 10.62.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.