Nitto Kogyo Corporation Announces Consolidated Financial Results for the Third Quarter Ended December 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2019
January 31, 2019 at 01:10 am EST
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Nitto Kogyo Corporation announced consolidated financial results for the third quarter ended December 2018. For the quarter, the company reported net sales of JPY 82,852 million against JPY 78,002 million a year ago. Operating profit was JPY 4,870 million against JPY 3,815 million a year ago. Profit attributable to owners of parent was JPY 3,013 million or JPY 74.48 per basic share against JPY 1,503 million or JPY 37.15 per basic share a year ago.
For the year ending March 31, 2019, the company expects net sales of JPY 112,000 million, operating profit of JPY 7,000 million, profit attributable to owners of parent of JPY 4,200 million or JPY 103.80 per basic share.
For the year ending March 31, 2019, the company expects to pay dividend of JPY 20.00 against JPY 20.00 a year ago.
NITTO KOGYO CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of switchboard-related products, as well as the purchase and sale of information and communication equipment. The Company operates in three business segments. The Switchboard-related segment manufactures and sells switchboards, cabinets, breakers, switches and parts, among others. The Information and Communication related Distribution segment purchases and sells information communication equipment and other materials. The Works and Services segment is engaged in the construction of electrical equipment and network systems, and the provision of maintenance service.
Nitto Kogyo Corporation Announces Consolidated Financial Results for the Third Quarter Ended December 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019; Provides Dividend Guidance for the Year Ending March 31, 2019
NITTO KOGYO CORPORATION 
