Matsuda Sangyo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 10, 2023 at 03:00 am EDT
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MATSUDA SANGYO Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 158,000 million, operating profit of JPY 4,000 million and profit attributable to owners of parent of JPY 2,800 million or JPY 107.33 per basic share.
For the full year ending March 31, 2024, the company expects net sales of JPY 330,000 million, operating profit of JPY 9,000 million and profit attributable to owners of parent of JPY 6,500 million or JPY 249.17 per basic share.
MATSUDA SANGYO Co.,Ltd. is a Japan-based company mainly engaged in the precious metals business. The Company operates in two business segments. The Precious Metal-related Business segment is engaged in the recovery and smelting of precious metals, the sale of precious metal ingots, chemical products and electronic materials, and the collection, transportation and processing of industrial waste. The Food-related Business segment is engaged in the sale of raw materials (fishery products, agricultural products, livestock products and others) for food processing and the provision of logistics services.