Nippon Concrete Industries Co., Ltd. Provides Consolidated Earnings Guidance Six Months Ending September 30, 2021 and Year Ending March 31, 2022
August 30, 2021 at 02:00 am EDT
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Nippon Concrete Industries Co., Ltd. provided consolidated earnings guidance six months ending September 30, 2021 and year ending March 31, 2022. For the six months, the company expected net sales of JPY 26,000 million, operating profit of JPY 900 million and profit attributable to owners of parent of JPY 700 million or basic earnings per share of JPY 12.45.
For the year, the company expected net sales of JPY 56,000 million, operating profit of JPY 2,500 million and profit attributable to owners of parent of JPY 1,800 million or basic earnings per share of JPY 32.02.
NIPPON CONCRETE INDUSTRIES CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of poles, piles and civil engineering products, the purchase of raw materials, the transportation of products, as well as the construction business. The Company operates in three business segments. The Basic segment is engaged in the manufacture and sale of pile products, as well as the provision of piling works and ground improvement works. The Secondary Concrete Products segment is engaged in the manufacture and sale of secondary concrete products such as poles and civil engineering products, as well as the provision of contract test research services and construction works. The Real Estate and Solar Power segment is engaged in the real estate leasing business and the solar power business.
NIPPON CONCRETE INDUSTRIES CO., LTD. 
