Quest Co., Ltd. Reports Consolidated Earnings Results for the Half Year Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
November 01, 2015
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Quest Co., Ltd. reported consolidated earnings results for the half year ended September 30, 2015. For the half year, the company reported net sales of ¥3,897.679 million against ¥3,593.145 million for the same period a year ago. Operating income was ¥92.786 million against ¥122.985 million for the same period a year ago. Income before income taxes and minority interests was ¥105.287 million against ¥132.31 million for the same period a year ago. Profit attributable to owners of parent was ¥70.093 million or ¥13.56 per share against ¥86.938 million or ¥16.82 per share for the same period a year ago. Net cash used in operating activities was ¥58.046 million against net cash provided by operating activities of ¥187.418 million a year ago. Purchase of property, plant and equipment was ¥10.135 million against ¥3.298 million a year ago. Purchase of intangible assets was ¥9.955 million against ¥12.512 million a year ago
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net income of ¥215 million or ¥41.59 per share on net sales of ¥7,850 million. The company expected operating income ¥320 million.
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. Reports Consolidated Earnings Results for the Half Year Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016