Earth Corporation Announces Consolidated Earnings Results for the First Quarter Ended March 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 2019 and for the Full Year Ending December 31, 2019
May 09, 2019 at 02:00 am EDT
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Earth Corporation announced consolidated earnings results for the first quarter ended March 2019. For the quarter, the company reported net sales of JPY 43,574 million against JPY 41,057 million a year ago. Operating profit was JPY 1,491 million against JPY 1,198 million a year ago. Profit attributable to owners of parent of JPY 774 million against JPY 505 million a year ago. Basic earnings per share were JPY 38.30 against JPY 25.01 a year ago.
The company provided consolidated earnings guidance for the six months ending June 2019 and for the full year ending December 31, 2019. For the six months ending June 2019, the company expects net sales of JPY 104,100 million, operating profit of JPY 7,250 million, profit attributable to owners of parent of JPY 4,450 million and basic earnings per share of JPY 220.13.
For the year ending December 31, 2019, the company expects net sales of JPY 186,500 million, operating profit of JPY 2,400 million, profit attributable to owners of parent of JPY 500 million and basic earnings per share of JPY 24.73.
Earth Corporation, formerly EARTH CHEMICAL CO., LTD. is a company mainly engaged in manufacturing and sales of insecticides and household products. The Company operates through two business segments. The Household Products segment is engaged in manufacturing, sales, import and export of household insecticides, garden products, pet supplies, household insecticides, including mouth washes, denture related supplies, tooth brushing products, bathing agents, deodorant fragrances. This segment also provides drugs for infectious disease control, agricultural and animal husbandry, as well as provision of raw materials for overseas. The Comprehensive Environmental Hygiene segment is engaged in provision of environmental hygiene services for food and medicine factories, and provision of related consulting services. The other business engages in environmental hygiene management work, including insect and rat control, cleaning and disinfection restaurants and office buildings.
Earth Corporation Announces Consolidated Earnings Results for the First Quarter Ended March 2019; Provides Consolidated Earnings Guidance for the Six Months Ending June 2019 and for the Full Year Ending December 31, 2019