Ain Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending April 30, 2019
August 30, 2018 at 04:00 am EDT
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Ain Holdings Inc. reported consolidated earnings results for the first quarter ended July 31, 2018. For the quarter, the company's net sales were ¥65,013 million against ¥66,095 million a year ago. Operating income was ¥3,450 million against ¥3,963 million a year ago. Ordinary income was ¥3,610 million against ¥4,135 million a year ago. Profit attributable to owners of parent was ¥1,851 million or ¥52.27 per share against ¥2,120 million or ¥66.88 per share a year ago. Profit before income taxes was ¥3,442,000 against ¥3,983,000 a year ago.
For the first half of fiscal year ending April 30, 2019, the company expects net sales to be ¥132,350 million, operating income to be ¥7,040 million, ordinary income to be ¥7,290 million and profit attributable to owners of parent to be ¥3,740 million or ¥105.57 per share.
For the year ending April 30, 2019, the company expects net sales to be ¥272,870 million, operating income to be ¥17,500 million, ordinary income to be ¥18,000 million and profit attributable to owners of parent to be ¥9,260 million or ¥261.38 per share.
Ain Holdings Inc, is a Japan-based company engaged in the operation of pharmacies and retail business. The Company has three business segments. The Pharmacy segment operates and franchises pharmacies, and provides consulting services related to opening pharmacies. Through its subsidiaries, this segment is also involved in the provision of consultation services for medical-related affairs and manpower dispatching of doctors and pharmacists, as well as the sale of generic drugs. The Retail segment operates cosmetics business and drugstores. The Others segment is engaged in the leasing of buildings and the sales of cosmetics.
Ain Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending April 30, 2019