Nagaileben Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2019; Provides Earnings Guidance for the Second Quarter Ending February 2020 and Year Ending August 2020
December 26, 2019 at 01:00 am EST
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Nagaileben Co., Ltd. reported consolidated earnings results for the first quarter ended November 30, 2019. For the quarter, the company reported net sales of ¥2,886 million against ¥2,910 million a year ago. Operating profit was ¥669 million against ¥631 million a year ago. Profit attributable to owners of parent was ¥477 million against ¥447 million a year ago. Basic earnings per share were ¥14.41 against ¥13.47 a year ago.
For the second quarter ending February 2020, the company expects net sales of ¥7,482 million, operating profit of ¥1,918 million, profit attributable to owners of parent of ¥1,343 million or ¥40.49 basic earnings per share.
For the year ending August 2020, the company expects net sales of ¥17,400 million, operating profit of ¥5,167 million, profit attributable to owners of parent of ¥3,605 million or ¥108.67 basic earnings per share.
NAGAILEBEN Co., Ltd. is a Japan-based company mainly engaged in the medical wear business. The Company operates medical wear business. The medical wear business purchases and sells medical wear products used by medical professionals and care workers from subsidiaries. In addition, the Company is also engaged in the sale of shoes and other products.
Nagaileben Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2019; Provides Earnings Guidance for the Second Quarter Ending February 2020 and Year Ending August 2020