Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Full Year for the Fiscal Year Ending March 31, 2020
July 29, 2019
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Sekisui Plastics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of ¥34,546 million against ¥26,102 million a year ago. Operating income was ¥674 million against ¥447 million a year ago. Net income attributable to owners of the parent was ¥361 million or ¥7.97 per share against ¥338 million or ¥7.48 per share a year ago.
The company provided earnings guidance for the first half and full year for the fiscal year ending March 31, 2020. For the first half, the company expects net sales of ¥70,300 million, operating income of ¥1,600 million, net income attributable to owners of the parent of ¥1,100 million or ¥24.29 per share.
For the year, the company expects net sales of ¥145,000 million, operating income of ¥4,900 million, net income attributable to owners of the parent of ¥3,200 million or ¥70.65 per share.
Sekisui Kasei Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of foamed plastics and other materials. The Company operates in two business segments. The Life segment is engaged in the manufacture and sale of agriculture and fisheries transport containers, food containers, construction materials related products and among others. The Industry segment is engaged in the manufacture and sale of materials, packaging materials and related products used in automobiles and digital home appliances.
Sekisui Plastics Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Full Year for the Fiscal Year Ending March 31, 2020