日本インシュレーション raised its consolidated earnings forecast for the six-month period ending September, lifting sales to ¥6.154 billion, operating profit to ¥384 million and net income to ¥230 million. Orders and additional construction work, mainly in the plant business, are expected to boost sales and profit.
日本インシュレーション raised its consolidated earnings forecast for the six-month period ending September after the close of trading on the 18th. Under the new outlook, sales are projected at ¥6.154 billion, operating profit at ¥384 million and net income at ¥230 million.
Compared with the previous forecast, sales have been increased from ¥5.811 billion, operating profit has been raised from ¥281 million, and net income has been lifted from ¥173 million to ¥230 million.
The company cited orders for projects undertaken during the period in the plant business, as well as additional orders for construction work continuing from the previous fiscal year, as contributing factors. These are expected to improve sales and each profit line.