Shizuoka Gas Co., Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2019; Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019
November 06, 2019 at 01:00 am EST
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Shizuoka Gas Co., Ltd. provided dividend guidance for the full year ending December 31, 2019. For the year, the company expects to pay dividend of JPY 8 per share against JPY 7.5 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended September 30, 2019. For the nine months, the company reported net sales of JPY 110,417 million compared to JPY 102,534 million a year ago. Operating profit was JPY 8,259 million compared to JPY 6,038 million a year ago. Profit was JPY 6,363 million compared to JPY 4,765 million a year ago. Profit per share was JPY 77.07 compared to JPY 56.48 a year ago. Diluted profit per share was JPY 76.92 compared to JPY 56.36 a year ago.
For the year ending December 31, 2019, on consolidated basis, the company expects net sales of JPY 141,930 million, operating profit of JPY 7,810 million, profit attributable to owners of parent of JPY 5,060 million and profit per share of JPY 68.41.
SHIZUOKA GAS CO., LTD. is a Japan-based distributor of gas. The Company operates in two segments. The Gas segment is engaged in the manufacture, supply and sales of gas, as well as manufacture and sales of liquefied natural gas with its subsidiaries. The Liquefied Petroleum Gas (LPG) segment is engaged in the sales and wholesale of LPG, sales of associated equipment, as well as piping working. The other business includes order construction, gas equipment sales, renovation, and leasing businesses.
Shizuoka Gas Co., Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2019; Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019
SHIZUOKA GAS CO., LTD. 
