Sumitomo Bakelite Company Limited Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for the Fourth Quarter Ending of March 31, 2017
The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of JPY 200,000 million, operating income of JPY 15,000 million, ordinary income of JPY 15,500 million and profit attributable to owners of parent of JPY 9,000 million or JPY 38.24 per basic share.
For the fourth quarter ending of March 31, 2017, the company provided dividend guidance of JPY 5.00 per share.