Honshu Chemical Industry Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2017
Honshu Chemical Industry Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥12,464 million, operating income of ¥1,507 million, ordinary income of ¥1,481 million, profit attributable to owners of parent of ¥773 million, earnings per share of ¥67.37 against net sales of ¥13,690 million, operating income of ¥1,753 million, ordinary income of ¥1,707 million, profit attributable to owners of parent of ¥713 million, earnings per share of ¥62.19 a year ago. Profit before income taxes was ¥1,481 million against ¥1,707 million a year ago.
For the year ending March 31, 2017, the company expects net sales of ¥18,000 million, operating income of ¥1,650 million, ordinary income of ¥1,550 million, profit attributable to owners of parent of ¥700 million, and earnings per share of ¥60.99.
For the year ending March 31, 2017, the company expects dividend of ¥16.00 per share against ¥16.00 per share paid for the same period a year ago.