Nichiha Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 2018; Provides Earnings Guidance for the Full Year of Ending March 2019
January 31, 2019 at 01:40 am EST
Share
Nichiha Corporation reported consolidated earnings results for the nine months ended December 2018. For the period, the company reported net sales of JPY 89,322 million against JPY 87,690 million a year ago. Operating profit was JPY 9,599 million against JPY 10,417 million a year ago. Ordinary profit was JPY 9,867 million against JPY 10,611 million a year ago. Profit attributable to owners of parent was JPY 7,298 million against JPY 7,873 million a year ago. Basic earnings per share was JPY 197.35 against JPY 212.96 a year ago. Diluted earnings per share was JPY 196.97 against JPY 212.55 a year ago.
The company provided earnings guidance for the full year of ending March 2019. For the period, the company expects net sales of JPY 119,200 million, operating profit of JPY 13,300 million, ordinary profit of JPY 13,700 million, profit attributable to owners of parent of JPY 10,000 million and basic earnings per share of JPY 270.39.
Nichiha Corp is a company mainly engaged in the manufacture and sale of armoring materials. The armoring material business is engaged in the manufacture and sale of armoring materials and external wall materials for ceramic industry, as well as metal armoring materials and templates. The fiber board business is engaged in the manufacture and sale of fiber boards. The construction business is engaged in the operation of exterior finish works using the Company's products. The FP business is engaged in the manufacture and sale of urethane insulation panels, custom home sales and home remodeling. The others business is engaged in the operation of maintenance business, cleaning business and industrial waste business related to the product manufacturing.
Nichiha Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 2018; Provides Earnings Guidance for the Full Year of Ending March 2019