Ebara Jitsugyo Co.,Ltd. Reports Consolidated Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and Full Year Ending December 31, 2018
February 06, 2018
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Ebara Jitsugyo Co.,Ltd. reported consolidated earnings results for the full year ended December 31, 2017. For the year, net sales of JPY 26,110 million, operating profit of JPY 1,717 million, ordinary profit of JPY 1,848 million and profit attributable to owners of parent of JPY 1,353 million or earnings per share of JPY 201.74 compared to net sales of JPY 27,771 million, operating profit of JPY 1,290 million, ordinary profit of JPY 1,420 million and profit attributable to owners of parent of JPY 1,029 million or earnings per share of JPY 153.75 for the same period a year ago. Cash flows from operating activities were JPY 1,285 million against cash flows used in operating activities of JPY 35 million a year ago. Profit before income taxes was JPY 1,848 million against JPY 1,420 million a year ago. Purchase of property plant and equipment was JPY 191 million compared to JPY 130 million a year ago.
For the six months ending June 30, 2018, the company expects to report, net sales of JPY 16,800 million, operating profit of JPY 1,460 million, ordinary profit of JPY 1,520 million and profit attributable to owners of parent of JPY 1,100 million or earnings per share of JPY 164.00.
For the full year ending December 31, 2018, the company expects to report, net sales of JPY 30,000 million, operating profit of JPY 1,880 million, ordinary profit of JPY 2,000 million and profit attributable to owners of parent of JPY 1,470 million or earnings per share of JPY 219.17.
EBARA JITSUGYO CO.,LTD. is a Japan-based manufacturing company operating in three business segments. The Environment segment is engaged in the manufacturing and sale of ozone densitometers, ozone application equipment, deodorization equipment, anti infectious disease measures, fish farm-related equipment and waste sorting equipment, among others. The Water Treatment segment is engaged in the design and construction of water supply facilities and sewerage facilities, as well as the provision of industrial waste water treatment services. The Wind and Hydraulic Powered Equipment and Thermal Equipment Related segment provides wind and hydraulic powered equipment, as well as the sale, construction and maintenance works of thermal equipment.
Ebara Jitsugyo Co.,Ltd. Reports Consolidated Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and Full Year Ending December 31, 2018