Eagle Industry Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 03, 2023 at 12:00 pm IST
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Eagle Industry Co.,Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 81,200 million, operating profit of JPY 2,500 million and profit attributable to owners of parent of JPY 3,300 million or JPY 69.38 per share.
For the full year ending March 31, 2024, the company expects net sales of JPY 166,600 million, operating profit of JPY 8,800 million and profit attributable to owners of parent of JPY 7,300 million or JPY 157.03 per share.
EAGLE INDUSTRY CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of mechanical seals, special valves and other sealing device-related products. The Company operates in four business segments. Automobile and Construction Machinery Industry Related segment manufactures and sells mechanical seals (shaft seals) and special valves for automobiles and construction machinery, as well as special valves for the electric power industry. General Industrial Machinery and Semiconductor Industry Related segment manufactures and sells mechanical seals (shaft seals) for industrial machinery, oil refining, and chemical plant industries, as well as precision bellows products. Marine Industry Related segment manufactures and sells stern tube seals (shaft seals) and bearings. Aerospace Industry Related segment manufactures and sells various seals (shaft seals), as well as pressure sensors for aircraft and rocket engines.