Watahan & Co.,Ltd. Announces Consolidated Earnings Results for the First Nine Months Ended December 31, 2020
January 29, 2021 at 11:30 am IST
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Watahan & Co.,Ltd. announced consolidated earnings results for the first nine months ended December 31, 2020. For the first nine months, the company announced net sales of JPY 88,808 million against JPY 89,991 million a year ago. Operating profit was JPY 3,367 million against JPY 1,997 million a year ago. Profit attributable to owners of parent was JPY 2,137 million or JPY 108.00 per basic share against JPY 1,266 million or JPY 64.14 per basic share a year ago.
Watahan & Co.,Ltd. is a Japan-based company primarily engaged in the retail business, construction business and trading business. The Company operates in three segments. The Retail segment is dealing with the home center items, daily goods, processed foods, fresh foods, prepared dishes etc. It also provides a one-stop shopping center where shopping is completed at one place by having a wide range of everyday necessities. The Construction segment is engaged in various construction works such as interior and exterior work, multi-purpose parking lot construction, civil engineering construction work and sales of civil engineering materials, etc. The Trading segment is engaged in the import and sales of pharmaceutical raw materials such as witepzole, acetaminophen, dalteparin, nitroglycerin etc. as well as raw materials for chemical products such as candelilla, jojoba oil, yucca, chicle etc. Other business involves in real estate leasing business.