Universal Entertainment Corporation Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019
For the quarter, on non-consolidated basis, the company reported net sales of JPY 6,138 million. Operating loss was JPY 2,461 million. Ordinary loss was JPY 3,852 million. Net loss attributable to owners of parent was JPY 3,474 million.
For the year ending December 31, 2019, the company expected net sales to be JPY 160,000 million, operating profit expected to be JPY 20,000 million. Ordinary profit expected to be JPY 27,000 million. Net income attributable to owners of parent expected to be JPY 26,600 million or JPY 329.08 net income per share.