Ki-Star Real Estate Co.,Ltd Announces Consolidated Financial Results for the Nine Months Ended December 31, 2018; Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2019
February 12, 2019 at 01:00 am EST
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Ki-Star Real Estate Co.,Ltd announced consolidated financial results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 71,148 million against JPY 42,719 million for the same period a year ago. Operating income was JPY 4,117 million against JPY 3,435 million for the same period a year ago. Ordinary income was JPY 3,963 million against JPY 3,341 million for the same period a year ago. Profit attributable to owners of parent was JPY 2,351 million against JPY 2,073 million for the same period a year ago. Net income per share was JPY 165.71 per share against JPY 145.90 per share for the same period a year ago.
For the fiscal year ending March 31, 2019, the company expects net sales to be JPY 85,840 million. Operating profit is expected to be JPY 6,380 million. Ordinary profit is expected to be JPY 6,040 million. Profit attributable to owners of parent is expected to be JPY 4,000 million. Net income per share is expected to be JPY 281.86 per share.
KI-STAR REAL ESTATE CO.,LTD is a Japan-based company principally engaged in real estate business. The Company mainly operates in seven segments. The Land and Housing segment provides services such as sale of condominiums and additional construction related to condominiums. The Custom-built Housing segment provides services such as sale of custom homes and additional construction related to custom homes. The Used Housing segment is engaged in the sale of used houses. The Yoka Town segment is engaged in the sale of condominiums, custom houses and land in Fukuoka. The Asahi Housing segment is engaged in the sale of condominiums and land in Kanagawa. The Fresco segment is engaged the sale of condominiums and custom homes and land in Chiba. The Construction and Renovation segment is engaged in sale of condominiums, custom-built houses and land, and civil engineering construction in Kanagawa. The Company is also engaged in real estate leasing and real estate brokerage business.
Ki-Star Real Estate Co.,Ltd Announces Consolidated Financial Results for the Nine Months Ended December 31, 2018; Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2019