Okinawa Cellular Telephone Company Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
October 26, 2017
Share
Okinawa Cellular Telephone Company announced consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported operating revenues were JPY 31,048 million compared to JPY 30,506 million for the same period last year. Operating profit was JPY 6,490 million compared to JPY 6,905 million for the same period last year. Profit before income taxes was JPY 6,511 million as compared to JPY 6,928 million for the same period last year. Profit attributable to owners of parent was JPY 4,459 million compared to JPY 4,929 million for the same period last year. Net income per share was JPY 163.10 compared to JPY 180.3 a year ago. Net cash provided by operating activities were JPY 6,450 million as compared to JPY 7,354 million for the same period last year. Purchase of property, plant and equipment were JPY 2,144 million as compared to JPY 4,195 million for the same period last year. Purchase of intangible assets was JPY 38 million as compared to JPY 191 million for the same period last year.
The company provided earnings guidance for the year ending March 31, 2018. For the fiscal year, the company expects operating revenues of JPY 63,100 million, operating income of JPY 12,000 million, profit attributable to parent company shareholders of JPY 8,200 million or JPY 299.91 per share and recurring profits of JPY 12,000 million.
OKINAWA CELLULAR TELEPHONE COMPANY is a Japan-based company mainly engaged in the telecommunications business. The Company is engaged in the provision of mobile services, domestic and international communication services, and Internet services. The Company also provides dedicated services, au mobile phone services, au mobile phone terminal sales, renting and maintenance of communication equipment, and outsourcing lines. The Company is also engaged in the production and sales of agricultural business, and tourism business.
Okinawa Cellular Telephone Company Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018