Azbil Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
February 13, 2019 at 01:00 am
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Azbil Corporation reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 185,359 million as compared to JPY 183,103 million for the same period last year. Operating income was JPY 15,260 million as compared to JPY 13,825 million for the same period last year. Ordinary income was JPY 16,023 million as compared to JPY 14,465 million for the same period last year. Net income per share was JPY 78.31 as compared to JPY 64.72 for the same period last year. Net income was JPY 11,450 million as compared to JPY 9,618 million for the same period last year.
For the year ending March 31, 2019, the company expects net sales of JPY 267,000 million, operating income of JPY 26,000 million, ordinary income of JPY 26,500 million, net income attributable to owners of parent of JPY 18,500 million and net income per share of JPY 129.19.
Azbil Corporation is engaged in the manufacture of automation equipment. It has three segments. The Building Automation (BA) segment offers network building automation systems, wide area management systems, actuators and control valves, as well as building and energy management, maintenance and consulting services. The Advanced Automation (AA) segment offers supervisory control systems, solution packages, controllers, combustion safety control equipment, etc. The Life Automation segment provides various gas meters, safety maintenance equipment, supply equipment, etc. The Company also conducts insurance agency business.
Azbil Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019