Midac Holdings Co., Ltd. Provides Earnings Guidance for Six Months Ending September 30, 2024 and Fiscal Year Ending March 31, 2025
May 15, 2024
Share
Midac Holdings Co., Ltd. provided earnings guidance for Six months ending September 30, 2024 and Fiscal year ending March 31, 2025. For Six months ending September 30, 2024, the company expects net sales to be JPY 5,013 million. Operating profit to be JPY 1,562 million. Profit attributable to owners of parent to be JPY 976 million. Basic earnings per share to be JPY 35.34.
For Fiscal year ending March 31, 2025, the company expects net sales to be JPY 10,391 million. Operating profit to be JPY 3,849 million. Profit attributable to owners of parent to be JPY 2,484 million. Basic earnings per share to be JPY 89.90.
Midac Holdings Co Ltd is mainly engaged in the waste disposal business. The Company operates through three major business segments. The Waste Disposal segment is engaged in the provision of waste disposal services via its facilities. The Waste Collection and Transportation segment is mainly engaged in the collection and transportation of waste. The Brokerage Management segment provides operator introduction services to the processing company. The Waste Disposal segment consists of intermediate disposal of waste and final disposal of waste.