Mitsui Engineering & Shipbuilding Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
July 30, 2015
Share
Mitsui Engineering & Shipbuilding Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported operating income of ¥120 million, ordinary income of ¥1,789 million and net loss attributable to owners of parent of ¥1,543 million or ¥1.91 per share on net sales of ¥182,258 million compared to operating income of ¥1,944 million, ordinary income of ¥2,673 million and net income attributable to owners of parent of ¥626 million or ¥0.76 per share on net sales of ¥172,497 million reported a year ago.
For the year ending March 31, 2016, the company expects operating income of ¥22,000 million, ordinary income of ¥25,000 million and net income of ¥13,000 million on net sales of ¥830,000 million.
Mitsui E&S Co Ltd, formerly Mitsui E&S Holdings Co Ltd, is primarily engaged in ship, marine development, machinery, and engineering businesses. The Company operates its business through four segments. The Ship segment provides ships, naval vessels, high-speed passenger ships, offshore structures, underwater equipment, design engineering services, ship-related equipment and machinery, and steel structures. The Marine Development segment provides floating offshore oil and gas production, storage, and offloading facilities. The Machinery segment provides marine and land-use diesel engines, marine equipment, gas engines, steam turbines, blowers, compressors, gas turbines, among others. The Engineering segment provides power generation projects and general overseas civil engineering and construction work. The Company also engages in land-based diesel power plant business, information and communication equipment business, system development business, gas-related engineering, among others.
Mitsui Engineering & Shipbuilding Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
MITSUI E&S CO., LTD. 
