Asahi Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half Year and Full Year Ending March 31, 2020
July 25, 2019 at 02:30 am
Share
Asahi Holdings, Inc. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported revenue of JPY 33,969 million against JPY 31,914 million a year ago. Operating income was JPY 3,817 million against JPY 3,542 million a year ago. Profit was JPY 2,035 million against JPY 2,373 million a year ago. Basic earnings per share was JPY 51.74 against JPY 59.93 a year ago. Diluted earnings per share was JPY 51.56 against JPY 59.76 a year ago.
For the first half year, the company expects revenue to be JPY 70,000 million, operating income to be JPY 6,800 million, profit attributable to owners of parent to be JPY 4,400 million and basic earnings per share to be JPY 111.82.
For the full year, the company expects revenue to be JPY 140,000 million, operating income to be JPY 14,500 million, profit attributable to owners of parent to be JPY 9,400 million and basic earnings per share to be JPY 238.89.
ARE Holdings Inc, formerly Asahi Holdings Inc, is a Japan-based company mainly engaged in the precious metals business and environmental conservation business. The Company operates two businesses. The Precious Metals segment is engaged in the recycling and sale of precious and rare metals such as gold, silver, palladium, and platinum from scrap metal containing precious metals, and refining and processing of precious metals, mainly gold and silver. The Environmental Conservation segment is mainly engaged in the collection, transportation, and intermediate treatment of industrial waste.
Asahi Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half Year and Full Year Ending March 31, 2020
ARE HOLDINGS, INC. 
