Nabtesco Corporation Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2024 and Full Year Ending December 31, 2024
April 30, 2024 at 03:00 am EDT
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Nabtesco Corporation provided consolidated earnings guidance for the six months ending June 30, 2024 and full year ending December 31, 2024. For the six months, the company expects net sales of JPY 151,500 million, operating profit of JPY 5,000 million, profit attributable to owners of parent of JPY 2,300 million or JPY 19.16 per basic share.
For the year, the company expects net sales of JPY 323,700 million, operating profit of JPY 13,500 million, profit attributable to owners of parent of JPY 9,300 million or JPY 77.47 per basic share.
Nabtesco Corporation is a Japan-based company engaged in the component solution business, transport solution business and accessibility solution business. The Company operates through three segments. The Component Solutions segment is engaged in the design, manufacture, sale, maintenance and repair of industrial robot parts and construction equipment. The Transport Solution segment is engaged in the design, manufacture, sale, maintenance and repair of railway vehicles brake and automatic door devices, aircraft parts, marine control devices and related parts. The Accessibility Solution segment is engaged in the design, manufacture, sale, installation, maintenance and repair of automatic door devices for buildings and general industries, platform safety equipment and related parts. The Company is also engaged in the design, manufacture, sale, maintenance and repair of packaging machines, machine tools, forging machines, and other general industrial machines.
NABTESCO CORPORATION 
