UKC Holdings Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for First Half of Fiscal 2017 and Fiscal Ending March 31, 2017
UKC Holdings Corporation reported consolidated earnings results for the year ended March 31, 2016. The company reported net sales of ¥288,684 million, operating income of ¥6,487 million, net income of ¥4,037 million or ¥203.88 per share against net sales of ¥280,672 million, operating income of ¥5,578 million, net income of ¥4,037 million or ¥257.21 per share a year ago. ROE was 5.7% against 7.6% a year ago. Cash flows from operating activities was ¥6,889 million against ¥10,242 million a year ago. Income before income taxes was ¥4,809 million against ¥6,208 million a year ago. Net cash from operating activities was ¥10,242 million against ¥6,889 million a year ago. Purchase of property, plant and equipment was ¥346 million against ¥369 million a year ago.
For the first half of fiscal 2017, the company expects net sales of ¥144,000 million, operating income of ¥3,000 million, net income of ¥4,500 million or ¥286.68 per share a year ago.
For the fiscal ending March 31, 2017, the company expects net sales of ¥300,000 million, operating income of ¥7,000 million, net income of ¥4,500 million or ¥286.68 per share a year ago.