Konaka Co.,Ltd. Announces Consolidated Earnings Results for the Period Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Period Ending September 30, 2019
May 09, 2019 at 11:00 pm EDT
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Konaka Co.,Ltd. announced consolidated earnings results for the period ended March 31, 2019. For the period, the company reported net sales of JPY 35,541 million against JPY 37,227 million a year ago. Operating profit was JPY 1,841 million against JPY 1,988 million a year ago. Ordinary profit was JPY 2,022 million against JPY 2,220 million a year ago. Profit attributable to owners of parent was JPY 894 million against JPY 1,181 million a year ago. Basic earnings per share were JPY 30.71 against JPY 40.58 a year ago.
The company also provided consolidated earnings guidance for the period ending September 30, 2019. For the period, the company expects net sales of JPY 64,300 million, operating profit of JPY 1,500 million, ordinary profit of JPY 2,100 million, profit attributable to owners of parent of JPY 650 million and basic earnings per share of JPY 22.32.
KONAKA CO., LTD. is a Japan-based company mainly engaged in the sale of men's clothing. The Company operates its business through two segments. The Fashion segment is engaged in the sale of men's clothing and related accessories, as well as shoes, bags, and other accessories and peripherals. The Restaurant segment is engaged in the operation of restaurants under the name Bakery Restaurant Saint Marc.
Konaka Co.,Ltd. Announces Consolidated Earnings Results for the Period Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Period Ending September 30, 2019