Japan Airport Terminal Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
February 06, 2018
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Japan Airport Terminal Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported total operating revenue of JPY 166,683 million compared to JPY 151,552 million a year ago. Operating income was JPY 10,521 million compared to JPY 7,255 million a year ago. Ordinary income was JPY 13,318 million compared to JPY 10,180 million a year ago. Income before income taxes and non-controlling interests was JPY 13,303 million compared to JPY 10,453 million a year ago. Net income attributable to owners of the parent was JPY 9,557 million or JPY 112.31 per diluted share compared to JPY 6,770 million or JPY 79.53 per diluted share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the year, the company expects operating revenues of JPY 219,000 million, operating income of JPY 11,700 million, ordinary income of JPY 14,600 million and net income attributable to owners of the parent of JPY 10,300 million or JPY 126.80 per share.
Japan Airport Terminal Co., Ltd. is a Japan-based company principally involved in the management and operation of Haneda airport terminal building, as well as the distribution of merchandise and catering businesses. The Company operates in three business segments. The Facility Management and Operation segment is engaged in the management and operation of facilities within the Haneda airport terminal building. The segment is mainly engaged in the lease of facilities to airline companies. The Merchandise Sale segment is primarily engaged in the sale of commercial products to air travelers in Haneda Airport, Narita Airport, Kansai International Airport, as well as the wholesale of commercial products to airport terminal companies. The Catering segment is engaged in the provision of food and beverage products to passengers of Haneda Airport and Narita International Airport, as well as the manufacture and sale of in-flight food and frozen food.
Japan Airport Terminal Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018