Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending June 30, 2020; Provides Dividend Guidance for the Year Ending June 30, 2020
February 12, 2020
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Suzuki Co.,Ltd. reported consolidated earnings results for the six months ended December 31, 2019. For the period, net sales were JPY 14,028 million against JPY 13,757 million a year ago. Operating profit was JPY 942 million against JPY 1,035 million a year ago. Net income attributable to owners of parent was JPY 809 million against JPY 483 million a year ago. Earnings per share were JPY 56.30 against JPY 33.62 a year ago.
For the year ending June 30, 2020, the company expects consolidated net sales of JPY 28,605 million, operating profit of JPY 1,597 million, profit attributable to owners of parent of JPY 1,341 million and earnings per share of JPY 93.23.
For the year ending June 30, 2020, the company expects to pay a dividend of JPY 11.00 per share compared to JPY 11.00 per share paid a year ago.
SUZUKI CO., LTD. is a Japan-based company primarily engaged in the production and sale of dies, parts and automatic equipment. The Company has three business segments. The Dies segment is engaged in the manufacture and sale of precision press dies and mold dies. The Parts segment is engaged in the manufacture and sale of connector contacts, connector housing products and automobile electric components. The Mechanical Equipment segment is engaged in the manufacture and sale of surface mount technology (SMT) equipment, semiconductor-related equipment and specialized machines, as well as the medical equipment. The Company also conducts leasing business and the sale of power business.
Suzuki Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending June 30, 2020; Provides Dividend Guidance for the Year Ending June 30, 2020