NIC Autotec, Inc. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2018
May 07, 2018 at 11:30 am IST
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NIC Autotec, Inc. reported consolidated and non consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis the company reported net sales of JPY 9,260 million as compared to JPY 8,088 million or the same period last year. Operating profit was JPY 1,028 million as compared to JPY 832 million or the same period last year. Ordinary profit was JPY 1,032 million as compared to JPY 833 million or the same period last year. Profit attributable to owners of parent was JPY 695 million as compared to JPY 551 million or the same period last year. Basic earnings per share was JPY 127.67 as compared to JPY 101.23 for the same period last year. Cash flows from operating activities was JPY 556 million as compared to JPY 278 million or the same period last year.
For the year, on non consolidated basis, the company reported net sales of JPY 9,259 million as compared to JPY 8,081 million or the same period last year. Operating profit was JPY 1,083 million as compared to JPY 875 million or the same period last year. Ordinary profit was JPY 1,088 million as compared to JPY 880 million or the same period last year. Basic earnings per share was JPY 125.87 as compared to JPY 109.85 for the same period last year.
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. 
