NIC Autotec, Inc. Provides Earnings Guidance for the Full Year Ending March 2022
November 05, 2021 at 11:30 am IST
Share
NIC Autotec, Inc. provides earnings guidance for the full year Ending March 2022. The company expects net sales to be JPY 8,700 million, Operating profit to be JPY 530 million, Profit attributable to owners of parent to be JPY 341 million or JPY 62.58 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. 
