Chugai Mining Co., Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2014; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months and Year Ending March 31, 2015
May 13, 2014
Share
Chugai Mining Co., Ltd. announced consolidated and non-consolidated financial results for the year ended March 31, 2014. For the year, the company reported on consolidated basis revenue of ¥14,578 million against ¥19,558 million a year ago. Operating profit was ¥468 million against ¥1,502 million a year ago. Recurring profit was ¥446 million against ¥1,485 million a year ago. Net loss was ¥180 million or ¥0.62 per share against net profit of ¥241 million or ¥0.83 per share a year ago. Cash used in business activities was ¥1,151 million against cash flow from business activities of ¥959 million a year ago.
For the year, the company reported on non-consolidated basis revenue of ¥11,524 million against ¥16,843 million a year ago. Operating loss was ¥514 million against operating income of ¥376 million a year ago. Recurring loss was ¥468 million against recurring profit of ¥383 million a year ago. Net loss was ¥564 million or ¥1.95 per share against net profit of ¥241 million or ¥0.83 per share a year ago.
For the six months of 2014, the company expects consolidated revenue of ¥8.5 billion, operating profit of ¥120 million, current loss of ¥70 million and current net loss of ¥100 million.
For the year ending March 31, 2015, the company expects consolidated revenue of ¥18.3 billion, operating profit of ¥380 million, current profit of ¥290 million and current net profit of ¥60 million or ¥0.21 per share.
For the six months of 2014, the company expects non consolidated revenue of ¥7.2 billion.
For the year ending March 31, 2015, the company expects non consolidated revenue of ¥15.9 billion, operating profit of ¥65 million, and current net profit of ¥50 million or ¥0.17 per share.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
Chugai Mining Co., Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2014; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months and Year Ending March 31, 2015
CHUGAI MINING CO., LTD. 