Nippon Gas Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 28,676 million compared to JPY 26,749 million a year ago. Operating income was JPY 1,804 million compared to JPY 2,135 million a year ago. Ordinary income was JPY 1,585 million compared to JPY 2,240 million a year ago. Profit before income taxes was JPY 1,720 million compared to JPY 2,500 million a year ago. Profit was JPY 1,016 million compared to JPY 1,646 million a year ago. Profit attributable to owners of parent was JPY 1,017 million compared to JPY 1,646 million a year ago. Basic earnings per share was JPY 23.83 compared to JPY 38.56 a year ago.

For the six months ending September 30, 2018, the company expects net sales to be JPY 53,000 million. Operating income to be JPY 2,000 million. Ordinary income to be JPY 2,300 million. Profit attributable to owners of parent to be JPY 1,400 million. Basic earnings per share to be JPY 32.78.

For the fiscal year ending March 31, 2019, the company expects net sales to be JPY 130,000 million. Operating income to be JPY 13,400 million. Ordinary income to be JPY 13,800 million. Profit attributable to owners of parent to be JPY 9,200 million. Basic earnings per share to be JPY 215.44.