sMedio, Inc. announced consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, the company reported net sales of JPY 266 million as compared to JPY 222 million a year ago.
Operating profit JPY 37 million as compared to loss of JPY 44 million a year ago. Ordinary profit was JPY 38 million as compared to loss of JPY 43 million a year ago. Profit attributable to owners of parent was JPY 22 million as compared to loss of JPY 45 million a year ago. Basic earnings per share was JPY 11.52 as compared to loss of JPY 23.84 a year ago. Diluted earnings per share was JPY 11.52.

The company provides earnings guidance for the half year ending June 2020 and for the full year ending December 2020. For the half year, the company expected net sales of JPY 501 million.
Operating profit of JPY 5 million. Ordinary profit was JPY 5 million. Loss attributable to owners of parent was JPY 1 million. Basic loss per share was JPY 0.63.

For the full year, the company expected net sales of JPY 1,002 million. Operating profit was JPY 24 million. Ordinary profit was JPY 24 million. Profit attributable to owners of parent was JPY 10 million. Basic earnings per share was JPY 5.35.