Nippon Gas Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
October 24, 2018
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Nippon Gas Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of ¥51,932 million against ¥48,465 million a year ago. Operating income was ¥1,258 million against ¥1,508 million a year ago. Profit attributable to owners of parent was ¥382 million or ¥8.97 per share basic against ¥1,087 million or ¥25.47 per share basic a year ago. Profit before income taxes was ¥1,027 million against ¥1,837 million a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects net sales of ¥125,000 million, operating income of ¥9,000 million, profit attributable to owners of parent of ¥5,100 million or ¥119.38 per share and ordinary income of ¥8,000 million.
NIPPON GAS CO., LTD. is a Japan-based company principally engaged in the supply of gas, the sale of gas equipment and home equipment. The Company operates its business through two business segments. The Liquefied Petroleum Gas (LPG) segment conducts gas supply sales, simple gas business, gas equipment sales, and gas piping construction. The City Gas segment conducts city gas supply sales, gas equipment sales, and gas piping work.
Nippon Gas Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019