Heiwa Paper Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 2014; Provides Earnings Guidance for the Year Ending March 31, 2015
February 12, 2015 at 11:00 am
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Heiwa Paper Co.,Ltd. reported consolidated earnings results for the third quarter ended December 2014. For the quarter, the company reported net sales of JPY 15,054 million against JPY 15,240 million a year ago. Operating income was JPY 234 million against JPY 228 million a year ago. Ordinary income was JPY 260 million against JPY 270 million a year ago. Net income was JPY 159 million or JPY 16.19 per share against JPY 150 million or JPY 15.20 per share a year ago.
For the year ending March 31, 2015, the company expects net sales to be JPY 21,193 million, operating income to be JPY 375 million, ordinary income to be JPY 418 million and net income to be JPY 225 million or JPY 22.80 per share.
HEIWA PAPER CO.,LTD. is engaged in the Japanese paper and Western paper wholesale business. The Japanese and Western paper wholesale business sells Japanese and Western paper. The warehousing and paper processing business is involved in the delivery, storage and packing of its products, as well as the paper processing business.
Heiwa Paper Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 2014; Provides Earnings Guidance for the Year Ending March 31, 2015