Ultrafabrics Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending June 2024 and Full Year Ending December 31, 2024
February 14, 2024 at 01:00 am EST
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Ultrafabrics Holdings Co.,Ltd. provided consolidated earnings guidance for the six months ending June 2024 and full year ending December 31, 2024. For the six months, the company expects sales of JPY 11,500 million, operating profit of JPY 2,100 million, profit of JPY 1,200 million and basic earnings per share of JPY 65.34.
For the full year, the company expects sales of JPY 22,900 million, operating profit of JPY 4,100 million, profit of JPY 2,400 million and basic earnings per share of JPY 130.68.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
