Ishihara Sangyo Kaisha, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for First Half and Full Year Ending March 31, 2018
August 20, 2017
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Ishihara Sangyo Kaisha, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales were ¥26,164 million, operating income of ¥1,269 million, ordinary income of ¥906 million, profit attributable to owners of parent was ¥555 million or ¥13.90 per share compared with ¥27,490 million, operating income of ¥815 million, ordinary loss of ¥711 million, loss attributable to owners of parent was ¥880 million or ¥22.20 per share for the same period last year. Income before income taxes and minority interests was ¥624 million against loss before income taxes and minority interests ¥858 million a year ago.
For the full year ending March 31, 2018, the company expected net sales of ¥105,000 million, operating income of ¥4,700 million, ordinary income of ¥3,700 million and profit attributable to owners of parent of ¥2,400 million or ¥60.03 per share.
For the six months, the company expected net sales of ¥52,000 million, operating income of ¥1,500 million, ordinary income of ¥800 million and loss attributable to owners of parent of ¥200 million or ¥5 per share.
ISHIHARA SANGYO KAISHA, LTD. is a Japan-based chemical company principally involved in the manufacture and sale of industrial chemical products. The Company operates in three business segments. The Inorganic Chemical segment mainly provides titanium oxide, functional materials, and other inorganic chemical products. The Organic Chemical segment mainly provides herbicides, pesticides, medicines, etc. The Others segment is engaged in the trading and construction business.
Ishihara Sangyo Kaisha, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for First Half and Full Year Ending March 31, 2018