Central Glass Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended December 31, 2015 ; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
February 31, 2016
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Central Glass Co. Ltd. announced consolidated earnings results for nine months ended December 31, 2015. For the period, the company reported net sales of ¥175,160 million, operating income of ¥11,064 million, ordinary income of ¥11,863 million, income before income taxes of ¥12,220 million, profit attributable to owners of parent of ¥8,916 million or ¥42.88 per share compared to the net sales of ¥142,638 million, operating income of ¥7,887 million, ordinary income of ¥10,182 million, income before income taxes of ¥10,228 million, profit attributable to owners of parent of ¥7,181 million or ¥34.33 per share for the same period a year ago.
For the fiscal year ending March 31, 2016, the company expected net sales of ¥234,000 million, operating income of ¥11,000 million, ordinary income of ¥11,800 million, profit attributable to owners of parent of ¥9,200 million and earnings per share of ¥43.98.
Central Glass Co.,Ltd. is a Japan-based company mainly engaged in manufacturing and sales of glass products and chemical products. The Company operates in two segments. The Glass Products segment is engaged in manufacturing and sales of building glass, automobile glass and glass for electronic materials. The Chemical Products segment is engaged in manufacturing and sales of chemicals, fine chemicals, fertilizers, glass fibers. The Company mainly operates in Japan, North Americas and other areas.
Central Glass Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended December 31, 2015 ; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016