SOLXYZ Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Half Year Ending June 2019 and Full Year Ending Dec. 2019
April 25, 2019 at 02:30 am EDT
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SOLXYZ Co., Ltd. announced consolidated earnings results for the first quarter Ended March 31, 2019. For the quarter, the company reported net sales of ¥3,307 million against ¥3,130 million a year ago. Operating income was ¥147 million against ¥60 million a year ago. Profit attributable to owners of parent was ¥89 million or ¥7.16 per basic share or ¥6.96 per diluted share against ¥7 million or ¥0.63 per basic share or ¥0.42 per diluted share a year ago.
For the half year ending June 2019, the company expects consolidated net sales of ¥6,500 million, operating profit of ¥250 million and profit attributable to owners of parent of ¥130 million or ¥10.46 per basic share.
For the year ending Dec. 2019, the company expects consolidated net sales of ¥14,000 million, operating profit of ¥800 million and profit attributable to owners of parent of ¥450 million or ¥36.19 per basic share.
SOLXYZ Co., Ltd. is a Japan-based company primarily engaged in the software development business. The Company operates in two business segments. The Software Development segment is engaged in the customized development of software and package systems, the system integration (SI) business, and the provision of related maintenance services, for the financial, information and communications industries, as well as the sale and maintenance of affiliated information equipment. The Digital Signage segment is engaged in the development and sale of digital signage equipment, the design, installation and maintenance of audio/video (AV) systems and security systems. In addition, the Company also provides multi-functional sensor for senior citizens.
SOLXYZ Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Half Year Ending June 2019 and Full Year Ending Dec. 2019