Nakayama Steel Works, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Full Fiscal Year Ending March 31, 2024
May 09, 2023 at 12:30 am EDT
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Nakayama Steel Works, Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and for the full fiscal year ending March 31, 2024. For the six months ending September 30, 2023, the company expected net sales of JPY 94,000 million; Operating profit of JPY 6,100 million; Profit attributable to owners of parent of JPY 3,400 million; and Basic earnings per share of JPY 62.80.
For the full fiscal year ending March 31, 2024, the company expected net sales of JPY 191,000 million; Operating profit of JPY 11,400 million; Profit attributable to owners of parent of JPY 6,800 million; and Basic earnings per share of JPY 125.61.
Nakayama Steel Works, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of steel. The Company operates through three business segments. The Steel segment is involved in the manufacture and sale of primary steel products and secondary processed products, including steel strips such as hot-rolled steel strips, thick plates and intermediate plates, steel bars such as wire rods, bar-in coils and rebar, steel slabs and by-products. The Engineering segment is involved in the order and sale of steel fish reefs, breeding reefs, rolls, valves and others, as well as the process and assembly of machines. The Real Estate segment is involved in the lease and sale of the real estate.
Nakayama Steel Works, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Full Fiscal Year Ending March 31, 2024