Avantia Co.,Ltd. Provides Earnings Forecast for the Six Months Ending February 28, 2022 and Full Year Ending August 31, 2022
January 13, 2022 at 02:20 pm IST
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Avantia Co.,Ltd. provided earnings forecast for the six months ending February 28, 2022 and full year ending August 31, 2022. For the six months, the company expects net sales of JPY 25,000 million, operating profit of JPY 140 million, ordinary profit of JPY 220 million, profit attributable to owners of parent of JPY 105 million, and earnings per share of JPY 7.38 per share.
For the year, the company expects net sales of JPY 60,000 million, operating profit of JPY 2,000 million, ordinary profit of JPY 2,200 million, profit attributable to owners of parent of JPY 1,500 million, and earnings per share of JPY 105.37 per share.
AVANTIA CO.,LTD., formerly SANYO HOUSING NAGOYA CO., LTD., is a Japan-based company principally engaged in the housing business. The Company operates in three business segments. The Housing segment is engaged in the construction and sale of custom-made housing with land and detached houses. The Condominium segment is engaged in the planning and sale of condominiums. The General Contract Work segment is engaged in the contract construction works, contract civil engineering works and contract piping works. The Company is also engaged in the brokerage and surveying of real estate properties.