G-Tekt Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
May 09, 2018
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G-Tekt Corporation reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 219,849 million compared to JPY 206,072 million a year ago. Operating profit was JPY 14,272 million compared to JPY 14,402 million a year ago. Ordinary profit was JPY 14,606 million compared to JPY 14,430 million a year ago. Net income attributable to owners of parent was JPY 11,532 million or JPY 264.28 per share compared to JPY 9,706 million or JPY 222.46 per share a year ago. Cash flow from operating activities was JPY 24,448 million compared to JPY 32,174 million a year ago. Net assets per share as at March 31,2018 were JPY 2,708.64.
The company provided consolidated earnings guidance for the year ending March 31, 2019. For the year, the company expects net sales of JPY 245,000 million, operating profit of JPY 17,100 million, ordinary profit of JPY 17,000 million and net income attributable to owners of parent of JPY 11,600 million or JPY 265.82 per share.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-Tekt Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
G-TEKT CORPORATION 
