TechMatrix Corporation Reports Consolidated Earnings Results for Nine Months Ended December 31, 2016; Provides Year End Dividend Outlook for the Year Ending March 31, 2017; Provides Earnings Outlook for the Year Ending March 31, 2017
February 08, 2017 at 05:15 am EST
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TechMatrix Corporation reported consolidated earnings results for nine months ended December 31, 2016. For the period, the company's net sales were ¥15,689 million against ¥15,079 million a year ago. Operating income was ¥1,004 million against ¥774 million a year ago. Ordinary income was ¥986 million against ¥777 million a year ago. Profit attributable to owners of the parent was ¥618 million against ¥447 million a year ago. Diluted EPS was ¥71.18.
For the year ending March 31, 2017, the company expects year end dividend of ¥25.00 per share against ¥20.00 per share paid for the same period a year ago.
For the year ending March 31, 2017, the company expects net sales of ¥22,300 million, operating income of ¥1,650 million, ordinary income of ¥1,650 million and profit attributable to owners of the parent of ¥1,030 million or ¥118.59 per basic share.
TECHMATRIX CORPORATION is a Japan-based company engaged in the sale of software, hardware and solutions related to information technology (IT), as well as the provision of consulting and maintenance services. The Company operates in two business segments. The Information Infrastructure segment is engaged in the provision of services such as product sale services, integration, maintenance, operation, as well as monitoring for networks, security and storage. The Application Service segment is engaged in the provision of high value-added application services such as system development, application packages, cloud services (SaaS) and testing services for business solutions, software quality assurance, medical care, and customer relationship management (CRM) face-to-face markets.
TechMatrix Corporation Reports Consolidated Earnings Results for Nine Months Ended December 31, 2016; Provides Year End Dividend Outlook for the Year Ending March 31, 2017; Provides Earnings Outlook for the Year Ending March 31, 2017