E'grand Co.,Ltd Provides Earnings Guidance for the Six Months Ending September 30, 2020 and Fiscal Year Ending March 31, 2021
May 11, 2020 at 04:22 am EDT
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e'grand Co.,Ltd provided earnings guidance for the six months ending September 30, 2020 and fiscal year ending March 31, 2021. For the six months ending September 30, 2020, the company expects net sales of JPY 8,175 million, operating income of JPY 221 million, net income of JPY 84 million and net income per share of JPY 13.36.
For the fiscal year ending March 31, 2021, the company expects net sales of JPY 19,069 million, operating income of JPY 814 million, net income of JPY 420 million and net income per share of JPY 66.80.
e'grand Co Ltd is a Japan-based company primarily engaged in used housing restoration business including used condominiums and detached houses. The used housing restoration business purchases used houses from real estate auction markets and general used housing distribution markets and recovers the function of the houses through renovation, then sells its properties to primary target customers, including young families and first-time housing buyers. It mainly provides residential properties in Tokyo and Kansai area. The other business is engaged in the real estate leasing, remodeling contracting business and other real estate-related businesses.
E'GRAND CO.,LTD 
