Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
February 15, 2016 at 12:34 pm
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Chugai Mining Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the nine months, revenue was JPY 21,642 million against JPY 13,373 million a year ago. Operating loss was JPY 515 million against JPY 311 million a year ago. Recurring loss was JPY 565 million against JPY 396 million a year ago. Net loss was JPY 572 million against JPY 422 million a year ago. Net loss per share was JPY 1.98 against JPY 1.46 a year ago.
For the fiscal year ending March 31, 2016, on consolidated basis, the company expects revenue of JPY 32,700 million, operating profit of JPY 400 million, declared profit of JPY 330 million, net profit of JPY 160 million and net profit per share of JPY 0.55.
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, 2016; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016