Kohnan Shoji Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019
October 11, 2018
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Kohnan Shoji Co. Ltd. reported consolidated earnings results for the six months ended August 31, 2018. For the six months, the company's operating revenue was JPY 168,770 million compared to JPY 161,225 million a year ago. Operating profit was JPY 10,787 million compared to JPY 10,305 million a year ago. Ordinary profit was JPY 9,758 million compared to JPY 9,770 million a year ago. Profit attributable to owners of parent was JPY 5,145 million or JPY 149.17 per share compared to JPY 6,024 million or JPY 174.67 per share a year ago. Profit before income taxes was JPY 7,710 million compared to JPY 9,038 million a year ago. Net cash provided by operating activities was JPY 14,085 million compared to JPY 12,679 million a year ago. Purchase of property, plant and equipment was JPY 18,437 million compared to JPY 12,867 million a year ago. Purchase of intangible assets was JPY 289 million compared to JPY 116 million a year ago.
The company provided earnings guidance for the year ending February 28, 2019. For the year, the company expected operating revenue of JPY 323,700 million, operating profit of JPY 18,500 million, ordinary profit of JPY 17,000 million, profit attributable to owners of parent of JPY 10,200 million and earnings per share of JPY 295.81.
KOHNAN SHOJI CO., LTD is mainly engaged in the operation of home centers. The Company is also engaged in the purchase and wholesale of construction materials, cultivation and wholesale of gardening plants, the operation of animal hospital, as well as the leasing of real estate business.
Kohnan Shoji Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019