Nikkiso Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2019
November 13, 2019
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Nikkiso Co. Ltd. announced consolidated earnings results for nine months ended September 30, 2019. For the nine months, the company reported revenue of JPY 121,193 million compared to JPY 115,437 million a year ago. Operating profit was JPY 9,511 million compared to JPY 6,308 million a year ago. Profit for the year was JPY 4,797 million compared to JPY 4,413 million a year ago. Profit attributable to owners of parent was JPY 4,638 million or JPY 65.04 per diluted share compared to JPY 4,296 million or JPY 54.72 per diluted share a year ago. Basic earnings per share was JPY 65.14 compared to JPY 60.35 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending December 31, 2019. The company forecasted revenue of JPY 170,000 million, operating profit of JPY 12,000 million, profit for the year attributable to owners of the company of JPY 6,700 million or JPY 94.09 per share.
NIKKISO CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of industrial pumps, precision equipment and blood related products, among others. The Company operates in two business segments. Industrial Business segment conducts industrial business including the manufacture, sale and maintenance of industrial special pumps, as well as liquefied gas & industrial gas related equipment and devices. The Segment is also involved in precision equipment business, aerospace business and deep ultraviolet light emitting diode (LED) business. Medical Business segmentâs products are dialysis-related products including hemodialysis and peritoneal dialysis, such as artificial dialysis machines, dialyzers, blood circuits, and powder-type dialysis agents. The Segment also manufactures, sells and maintains products and medicines related to CRRT (acute blood purification therapy), artificial pancreas devices that manage blood glucose, and energy devices for microwave surgery.
Nikkiso Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2019