Aida Engineering, Ltd. Provides Earnings Guidance for the Six Months Ending September 2024 and Year Ending March 2025
May 15, 2024 at 12:30 pm IST
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Aida Engineering, Ltd. provided earnings guidance for the six months ending September 2024 and year ending March 2025. For the six months, the company expects Net sales to be ¥37,000 million. Operating profit to be ¥2,800 million. Profit attributable to owners of parent to be ¥2,100 million or Basic earnings per share to be ¥36.48.
For the year, the company expects net sales to be ¥74,000 million. Operating profit to be ¥5,700 million. Profit attributable to owners of parent to be ¥4,200 million or Basic earnings per share to be ¥73.04.
Aida Engineering Ltd is a Japan-based company mainly engaged in the manufacture and sale of forming machinery with a focus on press machines, various automatic apparatus, industrial robots and dies. The Company operates in five geographic segments. The Japan segment is engaged in the manufacture and sale of press machines and drive devices, and the provision of related services. The China segment, Asia segment, Americas segment and Europe segment are engaged in the provision of press machines and services. The main products include multi-purpose servo presses, precision forming presses, multi-purpose presses, high speed automatic presses, cold forging presses, conveyance equipment, coil feeders and tooling dies.