Sumitomo Densetsu Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
May 11, 2023 at 09:30 am IST
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Sumitomo Densetsu Co.,Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 83,000 million, operating profit of JPY 4,000 million, profit attributable to owners of parent of JPY 2,700 million and basic earnings per share of JPY 76.26.
For the year ending March 31, 2024, the company expects net sales of JPY 185,000 million, operating profit of JPY 13,500 million, profit attributable to owners of parent of JPY 9,500 million and basic earnings per share of JPY 268.33.
Sumitomo Densetsu Co Ltd is a Japan-based company mainly engaged in the equipment work business. The Company provides electric power supply work, general electric work, information communication work, plant and air conditioning work and other equipment work, as well as related engineering services. The electric power supply work is mainly engaged in the design, construction and supervision of transmission and distribution equipment. The general electric work is engaged in the design, construction and supervision of electrical installation work and environment related work. The information communication work is engaged in the design, construction and supervision of telecommunication equipment work. The plant and air conditioning work is engaged in the design, construction and supervision of plants and air conditioning sanitary tubes. The Company is also engaged in the insurance agency business, the manufacture and repair of equipment, and the manufacture and sale of water heaters.