NIC Autotec, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 2015; Provides Consolidated Earnings Guidance Year Ending March 31, 2016
August 03, 2015 at 09:00 pm IST
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NIC Autotec, Inc. announced consolidated earnings results for the first quarter ended June 2015. For the quarter, the company reported net sales of JPY 1,348 million, operating income of JPY 104 million, ordinary income of JPY 106 million and profit attributable to owners of parent company of JPY 69 million or JPY 12.74 per share.
For the year ending March 31, 2016, on consolidated basis, the company expects net sales of JPY 6,400 million, operating income of JPY 450 million, ordinary income of JPY 460 million and profit attributable to owners of the parent company of JPY 300 million or JPY 55.05 per share.
NIC Autotec, Inc. is a Japan-based company mainly engaged in the manufacture and sale of industrial machinery and parts. The Company operates in three business segments. The Alfa Frame segment is engaged in the development, design, manufacture and sale of aluminum construction frames and auxiliary parts for frames under the brand ALFA FRAME SYSTEM. The Device segment develops, designs, manufactures and sells devices constructed from Alfa Frames, such as cleaning machines, conveyors and packaging equipment, inspection equipment and clean booth products, as well as aluminum structures, including equipment structures and safe covers, among others. The Trading segment is engaged in the provision of industrial grindstones, machinery and equipment such as cutting processing machines, tools such as end mills, bolts and drills, as well as lubricants.
NIC Autotec, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 2015; Provides Consolidated Earnings Guidance Year Ending March 31, 2016
NIC AUTOTEC, INC. 
