Hakudo Co., Ltd. Updates Consolidated and Non-Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2022
December 08, 2021 at 11:30 am IST
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Hakudo Co., Ltd. updated consolidated and non-consolidated earnings forecasts for the fiscal year ending March 31, 2022. For the consolidated period, the company Revised forecasts of Net sales to JPY 54,300 Million from Previously forecasts of JPY 52,000 Million, Revised forecasts of Operating profit to JPY 4,070 Million from Previously forecasts of JPY 3,420 Million. Revised forecasts of Profit attributable to owners of parent to JPY 2,850 Million from Previously forecasts of JPY 2,400 Million. Revised forecasts of Earnings per share to JPY 251.28 from Previously forecasts of JPY 211.61.
For the non-consolidated period, the company Revised forecasts of Net sales to JPY 51,300 Million from Previously forecasts of JPY 49,000 Million. Revised forecasts of Profit to JPY 2,650 Million from Previously forecasts of JPY 2,220 Million. Revised forecasts of Earnings per share to JPY 233.65 from Previously forecasts of JPY 195.73.
Hakudo Co., Ltd. is a company mainly engaged in the processing and sale of metal and plastic products. The Company operates in two business segments. The Japan segment purchases various products from material manufacturers and others, cuts and processes the standard stock products, and delivers to customers in a short delivery time. The China segment purchases products from the Company and material manufacturers, stocks in factories in Shanghai, cuts, processes and delivers to customers in China in a short delivery time. In Thailand, the Company also sells products stocked in external warehouses in Bangkok to local companies.