Katitas Co.,Ltd Reports Consolidated Earnings Results for the Nine Months Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
February 05, 2019 at 01:00 am EST
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KATITAS CO., Ltd. reported consolidated earning results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 61,213 million compared to JPY 51,886 million a year ago. Operating profit was JPY 7,217 million compared to JPY 5,662 million a year ago. Ordinary profit was JPY 7,057 million compared to JPY 5,140 million a year ago. Profit for the period was JPY 4,787 million compared to JPY 3,442 million a year ago. Basic earnings per share were JPY 127.61 compared to JPY 94.09 a year ago. Diluted earnings per share were JPY 122.93 compared to JPY 93.72 a year ago.
For the fiscal year ending March 31, 2019, the company expected net sales of JPY 77,420 million, operating profit of JPY 8,502 million, Ordinary profit of JPY 8,266 million, profit attributable to owners of parent was JPY 5,525 million and basic earnings per share of JPY 147.80 a year ago.
KATITAS CO., LTD is a Japan-based company mainly engaged in the remodel of used homes. The Used Home Remodel segment is engaged in the purchase, renovating and distribution of used homes. The segment consists of purchase business, commercialization business and distribution business. The purchase methods of properties consist of purchase and auction. The commercialization business consists of the planning and construction of outside works, such as parking lots expansion and others. The distribution business conducts the distribution of used homes through in-house and intermediary sales.
Katitas Co.,Ltd Reports Consolidated Earnings Results for the Nine Months Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
KATITAS CO., LTD. 
