Keihan Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Consolidated Earnings Guidance for the First Half of Fiscal 2018 and Full Year Ending March 31, 2019
August 07, 2018 at 02:55 am EDT
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Keihan Holdings Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported operating revenues of ¥78,685 million against ¥65,948 million a year ago. Operating income was ¥10,378 million against ¥8,333 million a year ago. Ordinary income was ¥10,358 million against ¥8,026 million a year ago. Net income was ¥6,919 million or ¥64.54 per diluted share against ¥7,557 million or ¥70.49 per diluted share a year ago.
The company provided consolidated earnings guidance for the first half of fiscal 2018 and full year ending March 31, 2019. For the first half, the company expects net sales of ¥148,000 million, operating income of ¥15,600 million, ordinary income of ¥14,700 million and profit attributable to owners of the parent of ¥10,000 million or ¥93.29 per share.
For the year, the company expects net sales of ¥322,500 million, operating income of ¥30,000 million, ordinary income of ¥28,000 million and profit attributable to owners of the parent of ¥20,000 million or ¥186.58 per share.
Keihan Holdings Co.,Ltd. is a Japan-based company mainly engaged in the transportation business, distribution business and others. The Company operates in five business segments. The Transportation segment provides railway and bus transportation services. The Real Estate segment is engaged in the sale and leasing of real estate, as well as the construction business. The Distribution segment is engaged in the operation of department stores, stores, shopping malls, as well as restaurants. The Leisure and Service segment operates hotels and leisure business. The Others segment involves in the credit card business and others.
Keihan Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Consolidated Earnings Guidance for the First Half of Fiscal 2018 and Full Year Ending March 31, 2019