Nankai Electric Railway Co., Ltd. Announces Consolidated Earnings Results for the Period Ended September 30, 2019; Provides Consolidate Earnings Guidance for the Period Ending March 31, 2020
October 31, 2019 at 01:00 am EDT
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Nankai Electric Railway Co., Ltd. announced consolidated earnings results for the period ended September 30, 2019. For the period, the company reported operating revenues of JPY 116,829 million against JPY 112,724 million for the same period last year. Operating profit was JPY 21,175 million against JPY 17,225 million for the same period last year. Ordinary profit was JPY 19,555 million against JPY 15,433 million for the same period last year. Profit attributable to owners of parent was JPY 13,398 million against JPY 12,283 million for the same period last year. EPS was JPY 118.23 against JPY 108.37 for the same period last year.
For the period ending March 31, 2020, the company expects Operating revenues of JPY 237,500 million, Operating profit of JPY 36,000 million, Ordinary profit of JPY 32,500 million, Profit attributable to owners of parent of JPY 21,200 million and EPS of JPY 187.16.
Nankai Electric Railway Co., Ltd. is primarily engaged in the transportation business. The Company has six business segments. Nankai Electric Railway Co., Ltd. is primarily engaged in the transportation business. The Company has six business segments. The Real Estate segment is engaged in the leasing and sale of real estate. The Distribution segment is engaged in the operation of shopping centers, station business and others. The Leisure Service segment is engaged in the amusement park business, the tour business, the hotel business, the boat race facility leasing business, the building management and maintenance business, funeral business and others. The Construction segment is engaged in building construction works. The Others segment is involved in the accounting and information processing businesses, among others.
Nankai Electric Railway Co., Ltd. Announces Consolidated Earnings Results for the Period Ended September 30, 2019; Provides Consolidate Earnings Guidance for the Period Ending March 31, 2020