MediPal Holdings Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
October 30, 2017
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MediPal Holdings Corporation reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 1,560,249 million compared to JPY 1,530,406 million a year ago. Operating profit was JPY 19,660 million compared to JPY 20,836 million a year ago. Ordinary profit was JPY 25,802 million compared to JPY 26,908 million a year ago. Profit attributable to owners of parent was JPY 16,141 million or JPY 71.29 per share compared to JPY 14,066 million or JPY 62.12 per share a year ago. Cash flows from operating activities were JPY 5,025 million compared to JPY 7,603 million a year ago. Profit before income taxes was JPY 30,723 million compared to JPY 26,775 million a year ago. Purchase of property, plant and equipment was JPY 19,463 million compared to JPY 18,239 million a year ago.
For the year ending March 31, 2018, the company expects consolidated net sales of JPY 3,116,000 million, operating profit of JPY 43,500 million, ordinary profit of JPY 57,000 million, profit attributable to owners of parent of JPY 33,500 million and earnings per share of JPY 148.45.
MEDIPAL HOLDINGS CORPORATION engages in the wholesale of pharmaceutical products, cosmetics and daily miscellaneous goods. The Company operates in three segments. The Ethical Pharmaceutical Wholesale segment is involved in the wholesale of pharmaceutical products, medical equipment and test reagents, the distribution and planning of specialty drugs, the construction of medical material database and others. The Cosmetics, Daily Product and General Medicine Wholesale segment is engaged in the wholesale of cosmetics, daily miscellaneous goods and general pharmaceuticals. The Veterinary Medicine and Food Processing Raw Materials Wholesale segment is engaged in the wholesale of veterinary products, food additives and food raw materials. The Company is also involved in the provision of cleaning services, the management and operation of logistics centers, the provision of manpower dispatching services and others.
MediPal Holdings Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018