Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Period Ending March 31, 2018
January 29, 2018
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Nippon Light Metal Holdings Company, Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported, net sales of JPY 355,756 million as compared to JPY 331,191 million same period last year. Operating Profit was JPY 23,281 million as compared to JPY 22,196 million same period last year. Profit attributable to owners of parent was JPY 14,911 million as compared to JPY 14,149 million same period last year. Net earnings per share was JPY 24.08 per share as compared to JPY 25.82 per share same period last year. Ordinary profit was JPY 23,145 million as compared to JPY 21,044 million same period last year. Profit before income taxes and minority interests was JPY 22,678 million as compared to JPY 21,105 million same period last year.
The company provides earnings guidance for the period ending March 31, 2018. For the period, the company expected net sales of JPY 470,000 million. Operating income is expected to be JPY 30,000 million. Profit attributable to owners of parent to be JPY 18,000 million. Earnings per share to be JPY 29.07 per share. Ordinary profit is expected to be JPY 18,000 million.
Nippon Light Metal Holdings Company, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of alumina and chemical products, board and extrusion products, processed products, foil and powder product. The Company has four business segments. The Aluminum, Chemicals and Metals segment is engaged in the provision of alumina, aluminum hydroxide, various chemicals, aluminum bullions, aluminum alloys and others. The Board and Extrusion Products segment is engaged in the provision of aluminum sheets and aluminum extrusion products. The Processed Products and Related Business segment is engaged in the provision of processed aluminum products, including electronic materials, industrial components, landscape related products, panels for freezers and refrigerators, transportation related products, and carbon products, as well as the information processing and insurance agency services. The Foil and Powder Products segment is engaged in the provision of foil and powder products.
Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Period Ending March 31, 2018