Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the Six Months Ended of September 30, 2017; Provides Earnings Guidance for the Year Ending of March 31, 2018; Provides Dividend Guidance for the Year Ending of March 31, 2018
November 01, 2017
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Nippon Coke & Engineering Company, Limited reported consolidated earnings results for the six months ended of September 30, 2017. For the period, the company reported net sales of JPY 54,949 million compared to JPY 38,790 million a year ago. Operating income was JPY 1,498 million compared to JPY 722 million a year ago. Ordinary income was JPY 1,391 million compared to JPY 161 million a year ago. Net income attributable to owners of the parent was JPY 3,808 million compared to JPY 641 million a year ago. Net income per share was JPY 12.62 compared to JPY 2.13 a year ago.
The company provided earnings guidance for the year ending of March 31, 2018. For the period, the company expects net sales to be of JPY 113,000 million. Operating income expected to be of JPY 3,700 million. Ordinary Income expected to be of JPY 3,200 million. Net income attributable to owners of the parent expected to be of JPY 4,300 million. Net income per share expected to be of JPY 14.25.
The company provided dividend guidance for the year ending of March 31, 2018. For the period, the company expects dividend of JPY 2.00 per share compared to JPY 2.00 per share a year ago.
NIPPON COKE & ENGINEERING COMPANY, LIMITED is principally engaged in the manufacture and sale of coke, general coal and powder and granular equipment, as well as the call center business. The Company operates in three business segments. The Coke segment manufactures and sells coke. The Fuel Sales segment is engaged in purchasing and sale of coal and petroleum coke, and call center business. The Comprehensive Engineering segment is engaged in manufacture, sale and maintenance of chemical equipment and other equipment, as well as collecting, transportation and processing of industrial waste. The others business includes cargo handling business, real estate sales and leasing business.
Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the Six Months Ended of September 30, 2017; Provides Earnings Guidance for the Year Ending of March 31, 2018; Provides Dividend Guidance for the Year Ending of March 31, 2018
NIPPON COKE & ENGINEERING COMPANY, LIMITED 
