Hiroshima Gas Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2016
February 09, 2016
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HIROSHIMA GAS Co.,Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of ¥54,526 million against ¥61,943 million a year ago. Operating income was ¥3,317 million against ¥1,513 million a year ago. Ordinary income was ¥3,624 million against ¥1,859 million a year ago. Net income attributable to the parent company was ¥2,357 million or ¥36.04 per basic share against ¥918 million or ¥15.49 per basic share a year ago. Income before income taxes and minority was ¥3,624 million against ¥1,753 million a year ago.
For the year ending March 31, 2016, on consolidated basis, the company expects net sales of ¥773,000 million, operating income of ¥5,600 million, ordinary income of ¥6,000 million, profit attributable to owners of parent of ¥4,000 million or ¥61.10 per share.
For the year ending March 31, 2016, on non-consolidated basis, the company expects net sales of ¥60,000 million, operating income of ¥3,100 million, ordinary income of ¥4,800 million, net income of ¥3,900 million or ¥59.58 per share.
HIROSHIMA GAS CO., LTD. is a Japan-based company principally engaged in gas business. The Company operates in two business segments. Its Gas segment is engaged in the manufacture, supply and sale of gas, mainly in the Hiroshima Prefecture. Its Gas segment is also involved in the sale of gas equipment, as well as provision of gas equipment installation services. Its Liquefied Petroleum Gas (LPG) segment is involved in the sale of LPG and LPG equipment, as well as the provision of LPG plumping installation services. The others businesses include the construction of piping works, the installation of machinery equipment, as well as the the information distribution business and the provision of elderly services, among others.
Hiroshima Gas Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2016