CTS Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 01, 2022 at 02:30 am EDT
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CTS Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending march 31, 2023. For the six months, the company expected Net sales of JPY 5,460 Million, Operating profit of JPY 1,250 Million, Profit attributable to owners of parent of JPY 844 Million, Earnings per share of JPY 19.92.
For the year, the company expected Net sales of JPY 11,200 Million, Operating profit of JPY 2,820 Million, Profit attributable to owners of parent of JPY 1,890 Million and Earnings per share was JPY 44.60.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.
CTS CO., LTD. 
