KOSÉ Corporation Announces Consolidated Earnings Results for the First Half Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
October 31, 2018 at 02:00 am EDT
Share
KOSÉ Corporation announced consolidated earnings results for the first half ended September 30, 2018. For the period, the company reported net sales of ¥160,996 million against ¥144,615 million a year ago. Operating profit was ¥30,712 million against ¥23,467 million a year ago. Ordinary profit was ¥32,610 million against ¥23,940 million a year ago. Profit was ¥23,337 million or ¥389.42 basic per share against ¥16,799 million or ¥266.68 basic per share a year ago.
The company provided earnings guidance for the fiscal year ending March 31, 2019. For the year, the company expects net sales of ¥325,000 million, operating profit of ¥56,000 million, ordinary profit of ¥57,400 million and profit attributable to owners of parent of ¥38,300 million or ¥671.42 per share.
KOSE Corporation is a Japan-based company principally engaged in the manufacture and sale of cosmetic products. The Company operates in two business segments. Make-up segment is engaged in the manufacture and sale of products under the brands of KOSE, Sekkisei, ESPRIQUE, COSME DECORTE, Predia, INFINITY, JILLSTUART, ADDICTION, CLIE, ALBION, tarte, among others. Cosmetry segment is engaged in the manufacture and sale of products under the brands of Visee, Fasio, ELSIA, softymo, SUNCUT, CLEAR TURN, Stephen Knoll New York, Nature & Co, among others. The Company is also involved in the manufacture and sale of amenity products, the leasing of real estate properties, the manufacture and export of materials, as well as the original equipment manufacturing (OEM) business.
KOSÉ Corporation Announces Consolidated Earnings Results for the First Half Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019