Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Half Year and Full Year Ending March 31, 2017
August 08, 2016
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Chugai Mining Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported revenue of ¥10,681 million, operating profit of ¥172 million, recurring profit of ¥156 million and net profit of ¥82 million or ¥0.29 per share compared to revenue of ¥8,691 million, operating loss of ¥126 million, recurring loss of ¥140 million and net loss of ¥156 million or ¥0.54 per share reported in the same period last year.
For the first half of the year ending March 31, 2017, the group expected to report revenue of ¥15,800 million, operating profit of ¥170 million, declared profit of ¥130 million.
For the year ending March 31, 2017, the group expected to report revenue of ¥33,000 million, operating profit of ¥410 million, declared profit of ¥340 million and net profit of ¥30 million or ¥0.10 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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Half Year and Full Year Ending March 31, 2017
CHUGAI MINING CO., LTD. 