Shinko Electric Industries Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending September 2019 and Year Ending March 2020; Provides Dividend Guidance for the Second Quarter Ending September 2019 and Year Ending March 2020
The company provided earnings guidance for the year ending March 2020. For the period, the company's net sales to be ¥149,200 million. Operating profit to be ¥7,700 million. Profit attributable to owners of parent to be ¥5,300 million or ¥39.23 per basic share.
The company earnings guidance for the six months ending September 2019. For the period, the company's net sales to be ¥70,800 million. Operating profit to be ¥2,000 million. Profit attributable to owners of parent to be ¥1,300 million or ¥9.62 per basic share.
For the year ending March 2020, the company expects to pay dividend of ¥12.50 per share against ¥12.50 per share a year ago.
For the second quarter ending March 2020, the company expects to pay dividend of ¥12.50 per share against ¥12.50 per share a year ago.