Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months and Fiscal Year Ended March 31, 2015
August 12, 2014
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Chugai Mining Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net loss of ¥183 million or ¥0.63 per share on revenue of ¥3,490 million compared to net loss of ¥872 million or ¥3.01 per share on revenue of ¥4,132 million for the last year. The company reported operating loss of ¥135 million compared to ¥1,044 million, recurring loss of ¥179 million compared to ¥1,053 million for the last year.
The company provided earnings guidance for the six months and fiscal year ended March 31, 2015. For the six months, the company expects revenue of ¥8,500 million, operating profit of ¥120 million, declared profit of ¥70 million and current profit of 0 or 0.00 per share.
For the year ending March 31, 2015, the company expects revenue of ¥18,300 million, operating profit of ¥360 million, declared profit of ¥290 million and current profit of ¥60 million or ¥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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Six Months and Fiscal Year Ended March 31, 2015
CHUGAI MINING CO., LTD. 
