Nagaileben Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Earnings Guidance for the Second Quarter Ending February 2019 and Year Ending August 2019
December 26, 2018 at 01:00 am EST
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Nagaileben Co., Ltd. reported consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company reported net sales of ¥2,910 million against ¥3,068 million a year ago. Operating profit was ¥631 million against ¥801 million a year ago. Ordinary profit was ¥652 million against ¥822 million a year ago. Profit attributable to owners of parent was ¥447 million against ¥571 million a year ago. Basic earnings per share were ¥13.47 against ¥17.19 a year ago.
For the second quarter ending February 2019, the company expects net sales of ¥7,463 million, operating profit of ¥1,890 million, ordinary profit of ¥1,926 million, profit attributable to owners of parent of ¥1,325 million or ¥39.86 basic earnings per share.
For the year ending August 2019, the company expects net sales of ¥17,600 million, operating profit of ¥5,242 million, ordinary profit of ¥5,304 million, profit attributable to owners of parent of ¥3,650 million or ¥109.81 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, 2018; Provides Earnings Guidance for the Second Quarter Ending February 2019 and Year Ending August 2019