Quest Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2017
July 28, 2016
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Quest Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter the company announced net sales of JPY 1,951 million compared to JPY 1,866 million a year ago. Operating income was JPY 23 million compared to JPY 34 million a year ago. Ordinary income was JPY 34 million compared to JPY 41 million a year ago. Profit attributable to owners of the parent was JPY 34 million compared to JPY 27 million a year ago. Net income per share was JPY 6.76 compared to JPY 5.28 a year ago. Ratio of share holders equity was 76.8% compared to 75.4% a year ago. Profit before income taxes was JPY 43,823 million compared to JPY 41,515 million a year ago.
For the fiscal year ending March 31, 2017 the company provided consolidated financial guidance. For the period the company expects net sales of JPY 8,400 million, operating income of JPY 370 million, ordinary income was JPY 385 million, profit attributable to owners of parent of JPY 250 million and profit per share of JPY 48.37.
Quest Co., Ltd. is a company mainly engaged in the information services business. The Company operates in two business segments. The System Development segment is involved in the provision of software development services, including the consulting, design, development and maintenance of systems for customers in a wide range of industries, including manufacturing, finance and telecommunication. The Infrastructure Service segment is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk and field support. The others business is involved in data processing business and purchase and sale of products.
Quest Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Financial Guidance for the Fiscal Year Ending March 31, 2017