Avantia Co.,Ltd. Provides Earnings Guidance for the Six Months Ending February 28, 2020 and Full Year Ending August 31, 2021
October 12, 2020 at 02:15 pm IST
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Avantia Co.,Ltd. provided earnings guidance for the six months ending February 28, 2020 and full year ending August 31, 2021. For the six months, the company expected net sales of JPY 17,000 million. Operating profit of JPY 80 million. Profit attributable to owners of parent of JPY 80 million. Earnings per share of JPY 5.63.
For the full year, the company expected net sales of JPY 45,000 million. Operating profit of 1,400 million. Profit attributable to owners of parent JPY 1,000 million. Earnings per share of JPY 70.40.
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.