Asahi Holdings, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Year Ending March 31, 2023
April 27, 2022 at 02:30 am EDT
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Asahi Holdings, Inc. provided consolidated earnings guidance for the six months ending September 30, 2022 and year ending March 31, 2023. For the year, the company now expects revenue of JPY 200,000 million, operating profit of JPY 24,000 million, profit attributable to owners of the parent of JPY 116,000 million and basic earnings per share of JPY 203.45.
For the six months, the company now expects revenue of JPY 100,000 million, operating profit of JPY 12,000 million, profit attributable to owners of the parent of JPY 8,000 million and basic earnings per share of JPY 101.73.
ARE Holdings Inc, formerly Asahi Holdings Inc, is a Japan-based company mainly engaged in the precious metals business and environmental conservation business. The Company operates two businesses. The Precious Metals segment is engaged in the recycling and sale of precious and rare metals such as gold, silver, palladium, and platinum from scrap metal containing precious metals, and refining and processing of precious metals, mainly gold and silver. The Environmental Conservation segment is mainly engaged in the collection, transportation, and intermediate treatment of industrial waste.