NIC Autotec, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
February 05, 2021 at 11:30 am IST
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NIC Autotec, Inc. provided consolidated earnings guidance for the full year ending March 31, 2021. For the full year, the company expects to report net sales of JPY 8,468 million, operating profit of JPY 616 million, and profit attributable to owners of parent company of JPY 400 million or JPY 73.45 per basic 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. 
