Iida Group Holdings Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Forecast for the First Half of Fiscal Year Ending March 31, 2019; Provides Dividend Forecast for the Second Quarter of Fiscal Year Ending March 31, 2019 and Full Year Ending March 31, 2019
August 09, 2018 at 03:00 am EDT
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Iida Group Holdings Co., Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue was ¥307,869 million against ¥295,693 million a year ago. Operating profit was ¥23,847 million against ¥25,868 million a year ago. Profit before income taxes was ¥23,255 million against ¥25,204 million a year ago. Net profit was ¥15,857 million against ¥16,742 million a year ago. Profit attributable to owners of the parent company was ¥15,862 million against ¥16,706 million a year ago. Basic earnings per share was ¥55.01 against ¥57.93 a year ago.
The company provides earnings forecast for the first half of fiscal year ending March 31, 2019. The company forecast revenue of ¥692,900 million. Operating profit of ¥61,000 million. Profit before income taxes of ¥59,000 million. Net profit of ¥41,000 million. Profit attributable to owners of the parent company of ¥41,000 million. Basic earnings per share of ¥142.17.
The company provides earnings forecast for the year ending March 31, 2019. The company forecast revenue of ¥1,496,700 million. Operating profit of ¥132,700 million. Profit before income taxes of ¥128,800 million. Net profit of ¥88,700 million. Profit attributable to owners of the parent company of ¥88,700 million. Basic earnings per share of ¥307.58.
The company provides dividend forecast for the Second quarter of fiscal year ending March 31, 2019. For the Second quarter, company forecast dividend of ¥31 per share.
The company provides dividend forecast for the fourth quarter of fiscal year ending March 31, 2019. For the fourth quarter, company forecast dividend of ¥31 per share.
Iida Group Holdings Co.,Ltd. is a Japan-based company engaged in the detached houses sale business, the condominiums sale business, the contract construction business and related business. The Company has six business segments. The Hajime Construction Group segment and the Arnest One segment are engaged in the detached houses sale business, the condominiums sale business and the contract construction business. The Iida Industry Group segment is engaged in the detached houses sale business, the condominiums sale business, the contract construction business, the real estate leasing business and the spa hot springs business. The Toei Housing Group segment and the Tact Home Group segment are engaged in the detached houses sale business, the contract construction business and the real estate leasing business. The ID Home segment is engaged in the detached houses sale business and the contract construction business. The Company is also engaged in the sale and processing of wood products.
Iida Group Holdings Co., Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Forecast for the First Half of Fiscal Year Ending March 31, 2019; Provides Dividend Forecast for the Second Quarter of Fiscal Year Ending March 31, 2019 and Full Year Ending March 31, 2019
IIDA GROUP HOLDINGS CO., LTD. 
