Avant Corporation announced consolidated earnings results for the first quarter ended September 30, 2018. For the quarter, the company announced net sales of JPY 3,180 million against JPY 2,544 million a year ago. Operating income was JPY 380 million against JPY 247 million a year ago. Profit attributable to owners of parent company was JPY 237 million or JPY 12.64 per basic share against JPY 162 million or JPY 8.66 per basic share a year ago.

The company provided consolidated earnings guidance for the full year ending June 30, 2019. For the full year, the company expects to report net sales of JPY 13,578 million, operating income of JPY 1,654 million, ordinary income of JPY 1,654 million and profit attributable to owners of parent company of JPY 1,078 million or JPY 57.42 per basic share.