TOA Oil Co., Ltd. announced consolidated earnings results for the period ended September 2019. For the period, the company reported net sales of JPY 19,361 million against JPY 22,385 million a year ago. Operating profit was JPY 1,265 million against JPY 3,233 million a year ago. Ordinary profit was JPY 1,327 million against JPY 3,197 million a year ago. Profit attributable to owners of parent was JPY 1,095 million against JPY 2,105 million a year ago. Basic Earnings per share was JPY 88.06 against JPY 169.21 a year ago.

For the period ending March 2020, the company expects net sales of JPY 36,100 million, operating profit of JPY 2,330 million, ordinary profit of JPY 2,290 million, profit attributable to owners of parent of JPY 1,720 million and basic earnings per share of JPY 138.26.