ARRK Corporation Reports Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
ARRK Corporation reported consolidated earnings results for the nine months ended Dec. 31, 2017. For the period, the company has reported net sales of ¥32,216 million against ¥31,999 million a year ago. Operating income was ¥932 million against ¥1,144 million a year ago. Ordinary income was ¥895 million against ¥831 million a year ago. Profit attributable to owners of parent was ¥688 million compared to ¥548 million a year ago. Net income per share was ¥1.93 compared to ¥1.54 a year ago. Profit before income taxes was ¥931 million against ¥984 million a year ago.
The company provided earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of ¥44,000 million, operating income of ¥2,200 million, ordinary income of ¥1,850 million, profit attributable to owners of parent of ¥1,100 million or ¥3.09 per share.