Eiken Chemical Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014; Declares Quarterly Dividend, Payable on December 01, 2014; Provides Dividend Guidance for the Fourth Quarter and Full Year Ending March 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2015
October 23, 2014 at 01:20 pm EDT
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Eiken Chemical Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2014. For the six months, the company reported net sales of JPY 15,819 million compared to net sales of JPY 15,065 million for the same period a year ago. Operating income was JPY 1,855 million compared to JPY 1,638 million last year. Ordinary income was JPY 1,955 million compared to JPY 1,692 million last year. Net income was JPY 1,349 million or JPY 73.23 per diluted share compared to JPY 1,085 million or JPY 59.01 per diluted share last year. As of Sep. 30, 2014 net assets per share was JPY 1,396.32 per share.
For the fiscal year ending March 31, 2015, the company expects net sale of JPY 31,320 million, operating income of JPY 2,900 million, ordinary income of JPY 2,930 million and net income of JPY 1,870 million or JPY 102.43 per share.
For second Quarter of fiscal 2014, the company declared dividend of JPY 17.00 per share. The company scheduled date of dividend payment is on December 01, 2014.
For the fiscal year ending March 31, 2015, the company expects to pay fourth quarter dividend of JPY 18.00 per share and annual dividend of JPY 35.00 per share.
EIKEN CHEMICAL CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of test drugs. Through its subsidiaries, the Company involves in the processing, manufacture, purchase and sale of test agents. The products and services include microbial testing reagents, urine testing reagents, immunoserologic testing reagents, biochemical testing reagents and instrument food environment-related media.
Eiken Chemical Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014; Declares Quarterly Dividend, Payable on December 01, 2014; Provides Dividend Guidance for the Fourth Quarter and Full Year Ending March 31, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2015