Nichiha Corporation Reports Consolidated Earnings Results for the Third Quarter Ended December 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2016
January 29, 2016 at 09:50 am EST
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Nichiha Corporation reported consolidated earnings results for the third quarter ended December 2015. For the quarter, the company reported net sales of JPY 83,357 million, operating income of JPY 6,293 million, ordinary income of JPY 6,358 million and profit attributable to owners of parent of JPY 4,638 million or JPY 125.32 per diluted share as compared to net sales of JPY 79,718 million, operating income of JPY 5,254 million, ordinary income of JPY 5,883 million and profit attributable to owners of parent of JPY 3,935 million or JPY 106.38 per diluted share for the same period a year ago.
The company provided consolidated earnings guidance for the fourth quarter ending March 31, 2016. For the quarter, the company expects net sales to be JPY 110,000 million, operating income to be JPY 8,600 million, ordinary income to be JPY 8,500 million and profit attributable to owners of parent to be JPY 5,400 million or JPY 146.32 per share.
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 Third Quarter Ended December 2015; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2016