G-Tekt Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 4, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
November 09, 2017
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G-Tekt Corporation reported consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of ¥105,028 million compared to ¥102,848 million, operating profit of ¥6,789 million compared to ¥7,916 million, ordinary profit of ¥7,364 million compared to ¥7,490 million, net income attributable to owners of parent of ¥4,857 million or ¥111.31 per share compared to ¥5,092 million or ¥116.72 per share for the last year.
The company announced dividend of ¥19.00 per share for the second quarter ended September 30, 2017 compared to ¥18.00 per paid in last year. The dividend payable on December 4, 2017.
The company provided dividend guidance of ¥20.00 per share for the year ending March 31, 2018 compared to ¥18.00 per share paid in last year.
The company provided earnings guidance for the year ending March 31, 2018. The company expects net sales of ¥198,000 million, operating profit of ¥13,200 million, ordinary profit of ¥13,200 million, net income attributable to owners of parent of ¥8,800 million or ¥201.69 per share for the last year.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-Tekt Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 4, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2018
G-TEKT CORPORATION 
