Chiyoda Ute Co., Ltd. announced consolidated earnings results for first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 7,069 million against JPY 7,137 million a year ago. Operating loss was JPY 242 million against JPY 275 million a year ago. Loss was JPY 96 million against JPY 196 million a year ago. Basic LPS was JPY 5.66 against JPY 11.30 a year ago.

For the year ending March 31, 2020, the company expects net sales of JPY 31,000 million, operating profit of JPY 250 million, profit attributable to owners of parent of JPY 200 million and basic EPS of JPY 11.59.