Startia, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the First Half of 2017 and Full Year Ending March 31, 2018
August 23, 2017 at 07:52 pm EDT
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Startia, Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥2,619 million against ¥2,315 million a year ago. Operating loss was ¥6 million against ¥177 million a year ago. Ordinary loss was ¥2 million against ¥189 million a year ago. Profit attributable to owners of parent was ¥40 million or ¥4.02 per share against loss of ¥43 million or ¥4.28 per share a year ago. Income before income taxes was ¥79,370,000 compared to loss of ¥85,882,000 a year ago.
For the first half of 2017, the company expects consolidated net sales of ¥4,922 million, operating loss of ¥126 million, ordinary loss of ¥126 million and loss attributable to owners of parent of ¥24 million or ¥2.38 per share.
For the year ending March 31, 2018, the company expects consolidated net sales of ¥10,500 million, operating income of ¥100 million, ordinary income of ¥100 million and profit attributable to owners of parent of ¥112 million or ¥11.09 per share.
Startia Holdings, Inc., formerly STARTIA INC. is a Japanese information technology company that operates in three core business segments. Digital marketing related business segment is engaged in the planning, development and sale of Web applications, among others. IT Infrastructure related business segment is involved in the provision of system integration and a total solution combining network equipment and services. Others business segment is engaged in the development of new business through innovative ideas and technologies.
Startia, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the First Half of 2017 and Full Year Ending March 31, 2018
STARTIA HOLDINGS,INC. 
