Ebara Jitsugyo Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings Guidance for the Full Year Ending December 31, 2017
July 27, 2017
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Ebara Jitsugyo Co. Ltd. announced consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported net sales of JPY 14,390 million against JPY 16,035 million a year ago. Operating income was JPY 1,400 million against JPY 1,235 million a year ago. Ordinary income was JPY 1,468 million against JPY 1,299 million a year ago. Profit before income taxes was JPY 1,468 million against JPY 1,299 million a year ago. Profit attributable to owners of the parent were JPY 1,049 million or earnings of JPY 156.49 per share against JPY 896 million or earnings of JPY 134.12 per share a year ago. Net cash provided by operating activities was JPY 3,534 million against JPY 4,223 million a year ago. Purchase of property, plant and equipment was JPY 98 million against JPY 29 million a year ago. Purchase of intangible assets was JPY 5 million against JPY 2 million a year ago.
For the full year ending December 31, 2017, the company expects net sales to be JPY 28,000 million, operating income to be JPY 1,340 million, ordinary income to be JPY 1,440 million, profit attributable to owners of the parent were JPY 1,000 million or earnings of JPY 149.09 per share.
EBARA JITSUGYO CO.,LTD. is a Japan-based manufacturing company operating in three business segments. The Environment segment is engaged in the manufacturing and sale of ozone densitometers, ozone application equipment, deodorization equipment, anti infectious disease measures, fish farm-related equipment and waste sorting equipment, among others. The Water Treatment segment is engaged in the design and construction of water supply facilities and sewerage facilities, as well as the provision of industrial waste water treatment services. The Wind and Hydraulic Powered Equipment and Thermal Equipment Related segment provides wind and hydraulic powered equipment, as well as the sale, construction and maintenance works of thermal equipment.
Ebara Jitsugyo Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings Guidance for the Full Year Ending December 31, 2017