K's Holdings Corporation Reports Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015
February 19, 2015 at 12:21 am EST
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K's Holdings Corporation reported earnings results for the nine months ended December 31, 2014. For the period, the company reported net income of JPY 11.66 billion, compared to JPY 10.33 billion for the same period ended December 31, 2013. Net sales were JPY 482.65 billion, compared to JPY 500.57 billion for the same period ended December 31, 2013. Operating income was JPY 12.82 billion, compared to JPY 12.92 billion for the same period ended December 31, 2013.
For the year ending March 31, 2015, the company expects net income to be JPY 17.4 billion, net sales to be JPY 670 billion, gross profit to be JPY 165 billion, and operating income to be JPY 21.3 billion.
K'S Holdings Corp is a Japan-based company principally engaged in the operation of electronics retail stores, providing home appliances, computers, computer peripheral equipment and mobile phones. The Company mainly provides electronic products, petroleum equipment, gas equipment, cooling and heating machines, watches, cameras, measuring equipment, medical equipment, communication equipment, education equipment, office equipment, computers and mobile phones, and others. The Company is also involved in the general freight vehicle transportation business and electrical construction business.
K's Holdings Corporation Reports Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Year Ending March 31, 2015