IPS, Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2021
May 14, 2021 at 02:30 am EDT
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IPS, Inc. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2021. For the year, on consolidated basis, the company reported net sales of JPY 9,515 million against JPY6,508 million a year ago. Operating income was JPY 1,920 million against JPY 1,070 million a year ago. Net income attributable to equities of parent was JPY 1,303 million or JPY 105.38 per basic share and JPY 100.11 per diluted share against JPY 645 million or JPY 52.43 per basic share and JPY 50.44 per diluted share a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 8,116 million against JPY 5,037 million a year ago. Operating profit was JPY 1,138 million against JPY 724 million a year ago. Profit was JPY 899 million or JPY 72.70 per basic share and JPY 69.07 per diluted share against JPY 446 million or JPY 36.27 per basic share and JPY 34.89 per diluted share a year ago.
IPS, Inc. is mainly engaged in telecommunications business. The Company operates through four business segments. The International Telecommunications segment is in the provision of international connectivity and Internet bandwidth from the Philippines to Hong Kong, Japan and North America. The Domestic Telecommunications segment is in the provision of telephone calling service, it is also engages in sales of call center systems to call center operators. The Filipino Residents Related segment is engages in dispatching of Filipino residents to nursing care homes or other facilities. It also engages in customer development and promotion projects that mainly support sales of mobile phones for Filipino residents. The Medical and Cosmetic segment engages in medical treatment, including ophthalmologic examination such as myopia correction by LASIK surgery, cosmetic dermatology and cosmetic surgery.
IPS, INC. 