Japan Asia Investment Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 14, 2019 at 02:00 am EST
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Japan Asia Investment Co., Ltd. reported consolidated earnings results for the second quarter and six months ended September 30, 2019. For the six months, the company reported operating revenue of ¥1,353 million compared to ¥1,189 million a year ago. Operating loss was ¥216 million compared to ¥390 million a year ago. Loss was ¥362 million or ¥26.11 per share compared to ¥520 million or ¥30.22 per share a year ago.
For the quarter, the company reported operating revenue of ¥691 million compared to ¥716 million a year ago. Operating loss was ¥421 million compared to ¥465 million a year ago. Loss was ¥481 million or ¥27.22 per share compared to ¥534 million or ¥30.18 per share a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects operating revenue of ¥3,500 million, operating income of ¥800 million and profit attributable to owners of the parent of ¥500 million or ¥28.24 per share a year ago.
Japan Asia Investment Company, Limited is a Japan-based company mainly engaged in the investment business in Japan and other areas of Asia. The Company is engaged in the investment through its funds such as investment partnerships and others, which are established by institutional investors and other investors and by the Group's own investment. The Company operates through three investment businesses. The management and operation business is involved in the conduction, management and operation of funds, as well as the provision of services of undertakes accounting and in-kind management. The investment business is involved in the investment in private equity and projects such as renewable energy, healthcare and smart agriculture. The other business in involved in the provision of peripheral services such as provides various types of information and services for supporting investee companies and investing in projects.
Japan Asia Investment Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
JAPAN ASIA INVESTMENT CO., LTD. 