Hotland Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2018
May 30, 2018
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HotLand Co.,Ltd. reported consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the group reported net sales of ¥8,105 million, operating income of ¥355 million, ordinary income of ¥321 million and net income attributable to owners of parent of ¥95 million or ¥5.11 per diluted share compared to net sales of ¥8,422 million, operating income of ¥482 million, ordinary income of ¥490 million and net income attributable to owners of parent of ¥212 million or ¥11.40 per diluted share reported in the same period last year.
For the fiscal year ending December 31, 2018, the company expects to pay year end dividend of ¥5.00 per share compared to ¥5.00 per share declared last year.
For the fiscal year ending December 31, 2018, the company expected to report net sales of ¥32,000 million, operating income of ¥1,250 million, ordinary income of ¥1,150 million and net income attributable to owners of parent of ¥500 million or ¥27.13 per diluted share.
HOTLAND Co.,Ltd. is a Japan-based company primarily engaged in the operation of restaurant chains. The Company mainly operates its restaurants under the brands of Gindaco, COLD STONE CREAMERY, Gin'noan and Ogamaya, among others. The Company operates its restaurant busness under several brands both in domestic and overseas markets.
Hotland Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2018