Yotai Refractories Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Fiscal Year Ending March 31, 2024
August 10, 2023 at 03:00 am EDT
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Yotai Refractories Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and for the fiscal year ending March 31, 2024. For the six months, the company expects net sales of JPY 14,500 million, operating profit of JPY 2,050 million, profit attributable to owners of parent of JPY 1,500 million and basic earnings per share of JPY 76.41.
For the full year, the company expects net sales of JPY 29,000 million, operating profit of JPY 4,100 million, profit attributable to owners of parent of JPY 3,000 million and basic earnings per share of JPY 152.82.
YOTAI REFRACTORIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of refractory products, as well as the furnace installation engineering business. The Company operates in two business segments. The Refractory Products segment is engaged in the manufacture and sale of various refractory bricks such as basic bricks, high alumina bricks, clay bricks and silica bricks, and unshaped refractory products for irons and steels, nonferrous metals, cements, glass, furnaces and environmental equipment related kilns uses. The Engineering segment is engaged in the design and construction of various industrial kilns and environmental facilities that use refractories, as well as the contacted maintenance business.
Yotai Refractories Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Fiscal Year Ending March 31, 2024