G-Tekt Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
February 09, 2020
Share
G-Tekt Corporation reported consolidated earnings results for the nine months ended December 31, 2019. For the period, net sales were JPY 176,294 million against JPY 188,256 million a year ago. Operating profit was JPY 7,472 million against JPY 12,117 million a year ago. Net income attributable to owners of parent was JPY 4,999 million against JPY 8,015 million a year ago. Earnings per share were JPY 116.60 against JPY 185.75 a year ago.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 241,000 million, operating profit of JPY 11,400 million, profit attributable to owners of parent of JPY 7,800 million and earnings per share of JPY 181.86.
For the year ending March 31, 2020, the company expects to pay a dividend of JPY 24.00 per share compared to JPY 24.00 per share paid a year ago.
G-TEKT CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. The Company operates in six regional segments, including Japan, North America, Europe, Asia, China and South America. The Company is engaged in the provision of automobile body parts such as dashboards, side structures, parcels, back panels and frames, transportation equipment parts such as automobile body pressed parts and thick precision pressed parts, automotive transmission parts, as well as production equipment such as molds, jigs and tools, and welding equipment.
G-Tekt Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
G-TEKT CORPORATION 
