Nissin Kogyo Co., Ltd. Reports Earnings Consolidated and Non-Consolidated Results for the Year Ended March 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Full Year Ending March 2019
For the year, on nonconsolidated basis, Net sales were JPY 50,882 million against JPY 47,828 million reported a year ago. Operating profit were JPY 2,373 million against JPY 2,250 million reported a year ago. Ordinary profit was JPY 5,906 million against JPY 13,603 million reported a year ago. Loss was JPY 4,654 million or JPY 71.53 per basic share against profit of JPY 12,216 or JPY 187.77 per basic share million reported a year ago.
For the six months ending September 2018, the company expects net sales of JPY 94,000 million, Operating profit of JPY 7,400 million, Profit before tax of JPY 7,400 million, Profit of JPY 5,200 million, Profit attributable to owners of parent of JPY 3,100 million or JPY 47.65 per share.
For the full year ending March 2019, the company expects net sales of JPY 190,000 million, Operating profit of JPY 15,000 million, Profit before tax of JPY 15,000 million, Profit of JPY 10,800 million, Profit attributable to owners of parent of JPY 6,700 million or JPY 102.98 per share.