Ultrafabrics Holdings Co.,Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 02:00 am EDT
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Ultrafabrics Holdings Co.,Ltd. announced consolidated earnings results for the second quarter ended June 30, 2021. For the quarter, the company reported sales of JPY 6,387 million against JPY 4,593 million a year ago. Operating profit was JPY 434 million against JPY 143 million a year ago. Profit attributable to owners of parent was JPY 237 million against loss JPY 34 million a year ago. Basic earnings per share was JPY 27.55 against Profit JPY 4.06 a year ago. Diluted earnings per share was JPY 26.69 against JPY 4.06 a year ago.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
