Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 12, 2020
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Chugai Mining Co., Ltd. Reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported revenue of JPY 20,479 million compared to JPY 19,264 million a year ago. Operating loss was JPY 815 million compared to profit of JPY 276 million a year ago. Net loss attributable to the owners of the parent was JPY 336 million compared JPY 8 million a year ago. Net loss per share was JPY 1.16 compared to JPY 0.03 a year ago.
For the year ending March 31, 2020, on consolidated basis, the company expects revenue of JPY 27,700 million, operating loss of JPY 1,030 million, net loss attributable to the owners of the parent of JPY 420 million and net loss per share of JPY 1.45.
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 Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020