TechnoPro Holdings, Inc. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2018
October 31, 2017 at 02:00 am EDT
Share
TechnoPro Holdings, Inc. reported consolidated earnings results for the first quarter ended September 30, 2017. For the period, the company reported revenue of JPY 26,726 million against JPY 23,961 million for the same period a year ago. Operating profit was JPY 2,511 million against JPY 2,263 million for the same period a year ago. Profit before income taxes was JPY 2,489 million against JPY 2,240 million for the same period a year ago. Net profit attributable to owners of the parent company was JPY 1,879 million or JPY 54.92 per basic share against JPY 1,885 million or JPY 55.12 per basic share for the same period a year ago. Net cash flows from operating activities was JPY 402 million against negative net cash flows from operating activities of JPY 1,465 million for the same period a year ago. Purchase of property, plant and equipment was JPY 92 million against JPY 76 million for the same period a year ago. Purchase of intangible assets was JPY 103 million against JPY 57 million for the same period a year ago.
The company provided consolidated earnings guidance for the full year ending June 30, 2018. For the year, the company expects revenue of JPY 109,000 million, operating profit of JPY 10,600 million, profit before income taxes of JPY 10,500 million, net profit attributable to owners of parent company of JPY 7,600 million and earnings per basic share of JPY 222.05.
TechnoPro Holdings Inc is a Japan-based company mainly engaged in dispatch and contract engineers in the fields of machinery, electrical/electronics, embedded control, software development and maintenance, biochemistry and construction management. It operates through four business segments. Research and Development (R&D) Outsourcing segment provides engineer dispatch and contract work in the technical fields of machinery, electric & electronics, embedded control, information technology networks, business applications, system maintenance and operation. Construction Management Outsourcing segment dispatches engineers for construction management in the areas of construction, civil engineering. It also provides contract work for creating architectural drawings. Overseas segment provides technology outsourcing and recruitment services in China, Singapore, India and the United Kingdom. Domestic and Other segment provides recruitment services and technical education and training services.
TechnoPro Holdings, Inc. Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2018