Net One Systems Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
January 31, 2019 at 01:00 am EST
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Net One Systems Co., Ltd. announced consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the nine months, the company reported net sales of ¥122,432 million against ¥107,375 million a year ago. Operating income was ¥7,759 million against ¥3,860 million a year ago. Profit attributable to owners of parent was ¥5,303 million against ¥2,640 million a year ago. Basic earnings per share was ¥62.65 against ¥31.21 million a year ago. Diluted earnings per share was ¥62.49 against ¥31.13 million a year ago.
For the quarter, the company reported net sales of ¥41,833 million against ¥36,678 million a year ago. Operating income was ¥2,823 million against ¥1,549 million a year ago. Profit attributable to owners of parent was ¥1,993 million against ¥1,070 million a year ago.
The company provided earnings guidance for the year ending March 31, 2019. For the year, the company expects net sales of ¥175,000 million, operating income of ¥12,000 million, and profit attributable to owners of the parent of ¥8,000 million or ¥94.51 basic per share.
Net One Systems Co.,Ltd. is a Japan-based company engaged in the system construction of information and communications technology (ICT) and related services. The Company operates in four segments. The ENT segment offers products and services to general private companies. The SP segment offers products and services to telecommunication companies. The PUB segment offers products and services to central ministries, municipalities and companies providing social infrastructure. The Partner segment offers specialized products and services in collaboration with partner companies. Other businesses include server services and others. The Company has two product groups, the equipment product group which is engaged in purchasing and sales of networks and platforms for ICT systems as well as service product group which provides support and services on equipment and systems.
Net One Systems Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019