Brother Industries, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
August 06, 2019 at 02:00 am EDT
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Brother Industries, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported revenue of JPY 159,231 million compared to JPY 171,095 million a year ago. Operating profit was JPY 18,088 million compared to JPY 22,255 million a year ago. Profit for the period was JPY 12,907 million compared to JPY 16,627 million a year ago. Basic earnings per share were JPY 49.55 compared to JPY 63.79 a year ago. Diluted earnings per share were JPY 49.41 compared to JPY 63.60 a year ago.
For the full year ending March 31, 2020, on consolidated basis, the company expects revenue of JPY 690,000 million, operating profit of JPY 65,000 million, profit for the period of JPY 48,900 million and basic earnings per share of JPY 186.71.
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.
Brother Industries, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
BROTHER INDUSTRIES, LTD. 
