Nichiha Corporation Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2015; Provides Earnings Guidance for Fiscal Ending March 31, 2016
November 06, 2015 at 09:00 am EST
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Nichiha Corporation reported consolidated earnings results for the second quarter ended September 30, 2015. The company reported net sales of JPY 53,531 million, operating income of JPY 3,367 million, profit attributable to owners of parent of JPY 2,575 million or JPY 69.59 per diluted share against net sales of JPY 52,078 million, operating income of JPY 3,507 million, profit attributable to owners of parent of JPY 3,507 million or JPY 69.48 per diluted share a year ago.
The company expects net sales of JPY 110,000 million, operating income of JPY 8,600 million, profit attributable to owners of parent of JPY 5,400 million or JPY 146.32 per share for fiscal ending March 31, 2016.
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, 2015; Provides Earnings Guidance for Fiscal Ending March 31, 2016