Eagle Industry Co., Ltd. Reports Consolidated Earnings Result for the Six Months Ended September 30, 2020
November 12, 2020 at 11:30 am IST
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Eagle Industry Co. Ltd. reported consolidated earnings result for the six months ended September 30, 2020. For the six months, the company reported net sales of JPY 57,913 million as compared to JPY 72,290 a year ago. Operating loss was JPY 222 million as compared to operating profit of JPY 4,036 million a year ago. Loss was JPY 382 million or JPY 20.26 per share as compared to profit of JPY 3,241 million or JPY 49.20 per share a year ago.
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.