Nichiha Corporation Reports Consolidated Earnings Results for the Third Quarter Ended December 2017; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
January 30, 2018 at 01:30 am EST
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Nichiha Corporation reported consolidated earnings results for the third quarter ended December 2017. For the quarter, the company reported net sales of JPY 87,690 million, operating income of JPY 10,417 million, ordinary income of JPY 10,611 million and profit attributable to owners of parent of JPY 7,873 million or JPY 212.55 per diluted share as compared to net sales of JPY 87,243 million, operating income of JPY 10,118 million, ordinary income of JPY 10,387 million and profit attributable to owners of parent of JPY 7,402 million or JPY 199.89 per diluted share for the same period a year ago.
The company provided consolidated earnings guidance for the fourth quarter ending March 31, 2018. For the quarter, the company expects net sales to be JPY 119,000 million, operating income to be JPY 13,800 million, ordinary income to be JPY 14,000 million and profit attributable to owners of parent to be JPY 10,000 million or JPY 270.47 per share.
The company expected to pay dividend of JPY 27.50 per share for the year ending March 31, 2018 against JPY 31.00 per share a year ago.
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 2017; Provides Consolidated Earnings Guidance for the Fourth Quarter Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
NICHIHA CORPORATION 
