OLBA HEALTHCARE HOLDINGS, Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended June 30, 2021
August 10, 2021 at 02:00 am EDT
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OLBA HEALTHCARE HOLDINGS, Inc. announced consolidated and non-consolidated earnings results for the year ended June 30, 2021. For the year, on consolidated basis, the company reported net sales of ¥112,976 million against ¥107,896 million a year ago. Operating income was ¥1,540 million against ¥927 million a year ago. Net income attributable to owners of parent was ¥989 million or ¥162.66 basic per share against ¥326 million or ¥56.76 basic per share a year ago.
For the year, on non-consolidated basis, the company reported net sales of ¥1,670 million against ¥1,573 million a year ago. Operating income was ¥484 million against ¥465 million a year ago. Net income was ¥384 million or ¥63.17 basic per share against net loss of ¥228 million or ¥39.73 basic per share a year ago.
OLBA Healthcare Holdings Inc, formerly Kawanishi Holdings Inc, is a Japan-based company mainly engaged in the medical equipment business. The Company operates through four business segments. The Medical Equipment segment is engaged in the sale of medical electrical equipment, pharmaceuticals, surgical instruments, implants and other medical equipment for clinics and hospitals. The Supply Process Distribution (SPD) segment is engaged in the provision of SPD systems that use information technology to manage goods information and purchase information. The Nursing Care Products segment is engaged in the sale and rental of home care beds and other nursing care equipment. The Import and Sale segment is engaged in the import and sale of medical equipment.