Nisshin Steel Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Six Months Ending September 30, 2016 and for the Year Ending March 31, 2017
For the first six months ending September 30, 2016, the company expects net sales to be ¥252,000 million, operating income to be ¥2,500 million, ordinary loss of ¥2,000 million and loss attributable to owners of parent to be ¥3,500 million and net loss per share to be ¥31.93 per share.
For the year ending March 31, 2017, the company expects net sales to be ¥516,000 million, operating income to be ¥17,000 million, ordinary income of ¥11,500 million and profit attributable to owners of parent to be ¥7,500 million and net income per share to be ¥68.42 per share.