Nippon Coke & Engineering Company, Limited Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Interim Period and Year Ending March 31, 2018; Announces Dividend for the Year Ended March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018
May 11, 2017
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Nippon Coke & Engineering Company, Limited reported consolidated and non- consolidated earnings results for the year ended March 31, 2017. For the period, on consolidated basis, the company reported net sales of JPY 89,051 million compared to JPY 92,503 million a year ago. Operating income was JPY 2,646 million compared to JPY 2,297 million a year ago. Ordinary income was JPY 1,243 million compared to JPY 1,175 million a year ago. Net profit attributable to owners of the parent was JPY 1,907 million or JPY 6.32 per share compared to net loss attributable to owners of the parent of JPY 1,681 million or JPY 5.57 per share a year ago. Cash flows from operating activities were JPY 5,496 million compared to JPY 8,588 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 79,038 million compared to JPY 80,899 million a year ago. Operating income was JPY 1,867 million compared to JPY 1,663 million a year ago. Ordinary income was JPY 743 million compared to JPY 761 million a year ago. Net income was JPY 1,596 million or JPY 5.29 per share compared to net loss of JPY 1,738 million or JPY 5.76 per share a year ago.
For the interim period of fiscal year 2018, the company expects consolidated net sales of JPY 54,500 million, operating income of JPY 800 million, ordinary income of JPY 1,500 million and net income of JPY 1,900 million or JPY 6.30 per share.
For the year ending March 31, 2018, the company expects consolidated net sales of JPY 108,500 million, operating income of JPY 2,800 million, ordinary income of JPY 3,100 million and net income of JPY 2,200 million or JPY 7.29 per share.
The company announced dividend of JPY 2 per share for the year ended March 31, 2017. The dividend payment commencement on June 30, 2017.
The company provided dividend guidance of JPY 2 per share for the year ended March 31, 2018.
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 and Non- Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Interim Period and Year Ending March 31, 2018; Announces Dividend for the Year Ended March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018