K's Holdings Corporation Reports Earnings Results for the Six Months Ended September 30, 2015; Revises Earnings Guidance for the Year Ending March 31, 2016
January 18, 2016 at 01:35 pm EST
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K's Holdings Corporation reported earnings results for the six months ended September 30, 2015. For the period, the company reported profit attributable to owners of parent was JPY 6.59 billion for the six months ended September 30, 2015, compared to JPY 7.55 billion for the same period ended September 30, 2014. Net sales were JPY 319.31 billion, compared to JPY 317.33 billion for the same period ended September 30, 2014. Operating income was JPY 9.81 billion, compared to JPY 7.75 billion for the same period ended September 30, 2014.
For the year ending March 31, 2016, the company expects net sales to be JPY 665 billion, compared to the previous forecast of JPY 685 billion. The company expects profit attributable to owners of parent to be JPY 16.7 billion, compared to the previous forecast of JPY 16.8 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 Six Months Ended September 30, 2015; Revises Earnings Guidance for the Year Ending March 31, 2016