Lihit Lab., Inc. Reports Consolidate and Company Earnings Results for the Year Ended February 28, 2014; Provides Earnings Guidance for the Second Quarter and Year Ending February 28, 2015; Expects Dividend for the Year Ending February 28, 2015
For the year, on company basis the company reported net sales of JPY 8,981,000,000 compared to JPY 8,794,000,000 reported a year ago. Operating profit was JPY 2,000,000 compared to JPY 2,770,000 reported a year ago. The ordinary profit was JPY 359,000,000 compared to JPY 356,000,000 a year ago. Net profit was JPY 198,000,000 or JPY 11.50 per share compared to JPY 183,000,000 or JPY 10.33 per share reported a year ago.
For the second quarter of year ending February 28, 2015, the company expects net sales of JPY 4,900,000,000, operating profit of JPY 180,000,000, the ordinary profit of JPY 200,000,000, net income of JPY 120,000,000 or JPY 7.06 per share.
For the year ending February 28, 2015, the company expects net sales of JPY 9,300,000,000, operating profit of JPY 230,000,000, the ordinary profit of JPY 250,000,000, net income of JPY 150,000,000 or JPY 8.83 per share.
The company expects to year end dividend and total dividend of JPY 5 per share for the year ending February 28, 2015.