Nichiha Corporation Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2019
November 07, 2018 at 01:40 am EST
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Nichiha Corporation reported consolidated earnings results for the second quarter ended September 30, 2018. For the period, the company reported net sales of JPY 56,570 million against JPY 56,854 million a year ago. Operating profit was JPY 5,435 million against JPY 6,681 million a year ago. Profit attributable to owners of parent was JPY 4,202 million against JPY 5,006 million a year ago. Basic earnings per share were JPY 113.63 million against JPY 135.42 a year ago. Diluted earnings per share were JPY 113.41 million against JPY 135.17 a year ago.
The company provided consolidated earnings guidance for the fourth quarter ending March 31, 2019. For the quarter, the company expects net sales of JPY 119,200 million, operating profit of JPY 13,300 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 Second Quarter Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2019
NICHIHA CORPORATION 
