Sakai Heavy Industries, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
August 17, 2023 at 09:30 pm EDT
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Sakai Heavy Industries, Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six moths ending September 30, 2023, the company expects net sales of JPY 16,100 million, operating profit of JPY 1,300 million and profit attributable to owners of parent of JPY 770 million or JPY 182.12 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 33,000 million, operating profit of JPY 2,950 million and profit attributable to owners of parent of JPY 1,830 million or JPY 432.82 per share.
SAKAI HEAVY INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of road paving equipment, as well as road maintenance and repair equipment. The Company is mainly engaged in the design, manufacture, sale and repair of construction equipment, industrial machinery and related parts, the purchase and sale of used construction equipment, as well as the design, construction, supervision and contracting of road pavement and repair work. The Company is engaged in the production of vibratory single drum rollers, vibratory tandem rollers, static pneumatic tired rollers, vibratory combined rollers, vibratory three wheel rollers, rammers, plate compactors, walk behind rollers and other road paving equipment, as well as road planers, asphalt pavers, road cleaners, water sprinklers and other road maintenance and repair equipment. The Company distributes its products within the domestic market and to overseas markets, including the American, Indonesia, and China.
SAKAI HEAVY INDUSTRIES, LTD. 
