SE Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
November 06, 2016
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SE Corporation announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 7,574 million against JPY 8,626 million a year ago. Operating loss was JPY 150 million against income of JPY 144 million a year ago. Ordinary loss was JPY 141 million against JPY 142 million a year ago. Loss attributable to owners of parent was JPY 188 million compared to JPY 152 million a year ago. Loss per share was JPY 12.57 against JPY 10.19 a year ago. Loss before income taxes was JPY 143.061 million compared to JPY 144.355 million a year ago. Net cash provided by operating activities was JPY 91.679 million against JPY 921.846 million a year ago. Purchase of property, plant and equipment was JPY 193.118 million against JPY 94.327 million a year ago. Purchase of intangible assets was JPY 3.890 million compared to JPY 54.740 million a year ago.
For the full year ending March 31, 2017, on consolidated basis, the company expects net sales to be JPY 18,700 million, operating income to be JPY 689 million, ordinary income to be JPY 700 million, profit attributable to owners of parent to be JPY 340 million, and earnings per share to be JPY 22.74.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
SE CORPORATION 