Medipal Holdings Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 30, 2017
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MediPal Holdings Corporation announced consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of ¥2,329,654 million against ¥2,292,008 million a year ago. Operating income was ¥32,898 million against ¥31,920 million a year ago. Ordinary income was ¥43,147 million against ¥41,384 million a year ago. Income before income taxes and non-controlling interests was ¥43,249 million against ¥40,558 million a year ago. Net income attributable to owners of the parent was ¥23,547 million or ¥103.99 per share against ¥22,169 million or ¥97.90 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2017. For the year, the company expects net sales of ¥3,090,000 million, operating income of ¥40,000 million, ordinary income of ¥53,500 million and net income attributable to owners of the parent of ¥30,500 million or ¥134.69 per share.
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 Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
MEDIPAL HOLDINGS CORPORATION 
