INES Corp. reported consolidated earnings results for the first quarter ended June 30, 2018. For the period, the company reported consolidated net sales of ¥7,689 million as compared to ¥7,239 million a year ago. Operating loss of ¥114 million as compared to ¥216 million a year ago. Ordinary loss of ¥94 million as compared to ¥205 million a year ago. Net loss attributable to owners of parent of ¥135 million or ¥5.05 net loss per share against ¥197 million or ¥7.55 net loss per share for the same period of last year. Loss before income taxes was ¥96 million as compared to ¥194 million a year ago. Net cash provided by operating activities was ¥5,810 million against ¥5,624 million for the same period of the previous fiscal year. Purchases of property, plant and equipment were amounted to ¥233 million against ¥612 million a year ago. Purchase of intangible assets was ¥948 million against ¥186 million a year ago.

For the year ending March 31, 2019, the company expects revenue of ¥37,500 million, operating income of ¥2,100 million, ordinary income of ¥2,100 million and net income attributable to owners of parent of ¥1,400 million or ¥48.96 per share.