Yuki Gosei Kogyo Co., Ltd. Reports Non-Consolidated Earnings Results for the Three Months Ended June 30, 2016; Provides Earnings Guidance for the Six Months of 2017; Provides Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2017
July 29, 2016 at 02:30 pm EDT
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Yuki Gosei Kogyo Co., Ltd. reported non-consolidated earnings results for the three months ended June 30, 2016. For the quarter, the company reported net sales of ¥2,377 million against ¥2,559 million a year ago. Operating loss was ¥28 million against operating income of ¥162 million a year ago. Ordinary loss was ¥21 million against ordinary income of ¥176 million a year ago. Net income was ¥1 million or ¥0.08 per share against ¥112 million or ¥5.17 per share a year ago.
For the year ending March 31, 2017, the company expects to pay dividend of ¥6.00 per share against ¥6.00 per share a year ago.
For the first six months, the company expects net sales of ¥5,200 million, operating income of ¥200 million, ordinary income of ¥180 million, net income of ¥130 million or ¥5.96 per share.
For the year ending March 31, 2017, the company expects net sales of ¥10,700 million, operating income of ¥500 million, ordinary income of ¥480 million, net income of ¥310 million or ¥14.20 per share.
Yuki Gosei Kogyo Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of amino acids, chemicals and pharmaceuticals. The amino acids business is involved in the manufacture and sale of amino acids and vitamin ingredients. The chemical products business in involved in the manufacture and sale of the tire cord adhesive raw materials, agricultural chemical intermediates, silicon compounds and other products. The pharmaceuticals business is involved in the manufacture and sale of the pharmaceutical raw materials and intermediates. The commission of manufacture operation business is involved in the contract for manufacture operations through subsidiaries. The Company is also involved in the manufacture and sale of foods, food additives, feed additives, fragrances, and cosmetics, as well as the sale of the related raw materials and products.
Yuki Gosei Kogyo Co., Ltd. Reports Non-Consolidated Earnings Results for the Three Months Ended June 30, 2016; Provides Earnings Guidance for the Six Months of 2017; Provides Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2017