Chugai Mining Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Full Year 2015
November 11, 2014
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Chugai Mining Co., Ltd. announced consolidated earnings results for the second quarter ended September 30, 2014. For the period, the company reported revenue of JPY 7,437 million against JPY 7,913 million a year ago. Operating profit was JPY 232 million against JPY 401 million a year ago. Net profit was JPY 300 million or JPY 1.04 per share against JPY 37 million or JPY 0.13 per share a year ago. Recurring profit was JPY 290 million compared to JPY 403 million a year ago.
For the full year 2015, on consolidated basis, the company expects revenue of JPY 18,300 million, operating profit of JPY 360 million and net profit of JPY 60 million or JPY 0.21 per share.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
Chugai Mining Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Full Year 2015