Hokuetsu Corporation announced consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales were JPY 136,714 million compared with JPY 134,819 million a year ago. Operating income was JPY 7,301 million compared with JPY 1,937 million a year ago. Profit was JPY 6,551 million compared with JPY 2,624 million a year ago. Basic earnings per share were JPY 34.62 compared with JPY 14.12 a year ago. Diluted earnings per share were JPY 33.22 compared with JPY 13.54 a year ago.

For the fiscal year ending March 31, 2020, on consolidated basis, the company expected net sales of JPY 270,000 million, operating income of JPY 11,000 million, net income attributable to owners of parent company of JPY 9,500 million, basic earnings per share of JPY 50.25.