Japan Airport Terminal Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
November 07, 2019
Share
Japan Airport Terminal Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the six months, total operating revenue of JPY 135,270 million compared to JPY 137,423 million a year ago. Operating income was JPY 11,156 million compared to JPY 12,961 million a year ago. Net income was JPY 7,519 million compared to JPY 29,644 million a year ago. Net income per share was JPY 73.20 compared to JPY 347.20 a year ago. Diluted net income per share was JPY 69.82 compared to JPY 331.67 a year ago.
The company revised consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year ending March 31, 2020, on consolidated basis, the company expects operating revenues of JPY 275,700 million, operating income of JPY 16,700 million, net income attributable to owners of the parent of JPY 8,300 million or JPY 102.18 per share compared to previous guidance of operating revenues of JPY 277,500 million, operating income of JPY 16,000 million, net income attributable to owners of the parent of JPY 8,000 million or JPY 98.49 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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020