I-Net Corp. Reports Consolidated Earnings Results for the First Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 2018
October 30, 2017
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I-Net Corp. reported consolidated earnings results for the first six months ended September 30, 2017. For the six months, the company reported net sales of JPY 12,518 million against JPY 12,268 million a year ago. Operating income was JPY 872 million against JPY 926 million a year ago. Ordinary income was JPY 849 million against JPY 886 million a year ago. Quarterly profit attributable to owners of parent company was JPY 571 against JPY 589 a year ago. Quarterly basic earnings per share were JPY 35.96 against JPY 37.09 a year ago.
For the fiscal year ending March 2018, the company expects consolidated net sales of JPY 25,600 million, operating income of JPY 2,100 million, ordinary income of JPY 2,050 million and net income of JPY 1,360 million or JPY 85.54 per basic share.
I-NET CORP. is a Japan-based company mainly engaged in the provision of information technology processing services, system development services, the sale of system equipment. Information processing services include accounting and information processing contracts, credit data management, and delivery service to card companies; printing, processing and distribution of invoice, promotional direct mail; information technology managed services and cloud services, data entry, and business card printing. System development services include development and sale of core business software for finance, distribution, manufacturing, and government offices, embedded software, measurement and control software and package software; dispatch of staff, management consulting, the design, development, installation, operation and maintenance of information system. System equipment sales purchases and sells personal computers, point-of-sale, supplies, and package software, and provides operation guidance.
I-Net Corp. Reports Consolidated Earnings Results for the First Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 2018