Punch Industry Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
May 16, 2023 at 03:00 am EDT
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Punch Industry Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and year ending March 31, 2024. For the six months, the company expected net sales of JPY 20,300 million, operating income of JPY 810 million, Profit attributable to owners of parent of JPY 120 million or JPY 4.91 per basic share.
For the year, the company expected net sales of JPY 42,000 million, operating income of JPY 2,150 million, Profit attributable to owners of parent of JPY 800 million or JPY 32.75 per basic share.
PUNCH INDUSTRY CO., LTD. is principally engaged in the manufacture and distribution of molds. The Company's main products are comprised of plastic molds, which are used for the manufacture of plastic products, such as the outer frame of digital cameras and mobile phones, as well as pressed molds, which are manufactured by pressing machinery. The main products manufactured by the Company include sprue bushings, gate bushings, ejector pins and other plastic molds, as well as guide bushes for die sets, punches, stripper guides and other pressed molds.
PUNCH INDUSTRY CO., LTD. 
