Daiken Co.,Ltd. Provides Earnings Guidance for the Six Months Ending August 31, 2023 and Year Ending February 29, 2024
July 07, 2023 at 12:00 pm IST
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Daiken Co.,Ltd. provided earnings guidance for the six months ending August 31, 2023 and year ending February 29, 2024. For the six months ending August 31, 2023, the company expects net sales of JPY 5,320 million, operating profit of JPY 190 million and profit of JPY 115 million or JPY 20.97 per basic share.
For the year ending February 29, 2024, the company expects net sales of JPY 11,200 million, operating profit of JPY 540 million and profit of JPY 325 million or JPY 59.27 per share.
DAIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building hardware, exterior building materials and exterior products. The Company operates through two business segments. The Building Related Products segment is engaged in the manufacture, sale and installation of exterior building materials, interior building materials, as well as home delivery boxes, door hangers, and household sliding door closers. The Real Estate Rental segment is engaged in the operation of rental apartments for singles and rental stores. Exterior building materials include shades, aluminum drainers, handrails for shades, exterior blindfolded panels. Interior building materials include inspection doors, pits, gratings, stainless steel entrance wiping mats, ceiling lighting louvers, aluminum pipes, curtain rails.