Car Mate Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 2018; Provides Earnings Guidance for the Year Ending March 2019
October 31, 2018 at 12:00 pm IST
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Car Mate Mfg. Co., Ltd. announced consolidated earnings results for the six months ended September 2018. For the six months, the company reported net sales of JPY 8,866 million against JPY 8,823 million for the same period a year ago. Operating profit was JPY 41 million against JPY 191 million for the same period a year ago. Profit attributable to owners of parent was JPY 45 million against JPY 137 million for the same period a year ago. Basic earnings per share were JPY 6.17 against JPY 18.06 for the same period a year ago.
The company provided earnings guidance for the year ending March 2019. For the year, the company expects net sales of JPY 20,712 million, operating profit of JPY 1,384 million, profit attributable to owners of parent of JPY 843 million and basic earnings per share of JPY 117.31.
CAR MATE MFG. CO., LTD. is a Japan-based company mainly engaged in the car-related business and outdoor, leisure and sports-related businesses. The Company operates through two business segments. The Car related segment is engaged in the manufacture and sale of car accessories, child seats, transportation racks and tire chains, small chemicals for vehicles, and electronic and electrical equipment. The Outdoor, leisure and sports related segment is engaged in the manufacture and sale of snowboard sporting goods and sale of bicycle related products. Main brands include Inno, ailebebe, dâAction360, giga, dr.deo, drivemate, and flux.
Car Mate Mfg. Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 2018; Provides Earnings Guidance for the Year Ending March 2019