SE Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
February 04, 2018
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SE Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 14,157,373,000 compared to JPY 11,970,835,000 a year ago. Operating profit was JPY 554,861,000 compared to JPY 20,635,000 a year ago. Ordinary profit was JPY 640,587,000 compared to JPY 36,684,000 a year ago. Profit before income taxes was JPY 627,255,000 compared to JPY 42,969,000 a year ago. Profit attributable to owners of parent was JPY 394,737,000 or JPY 26.40 per share compared to loss of JPY 81,484,000 or JPY 5.45 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 19,500 million, operating profit of JPY 750 million, ordinary profit of JPY 840 million, profit attributable to owners of parent of JPY 500 million and earnings per share of JPY 33.44.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 18.00 per share compared to JPY 16.00 per share a year ago.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018