I.K Co.,Ltd. Provides Consolidated Earnings Guidance for the Period Ending November, 2020, Provides Consolidated Earnings Guidance for the Year Ending May, 2021
July 14, 2020 at 02:20 am
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I.K Co.,Ltd. provided consolidated earnings guidance for the period ending November, 2020. For the period ending November, 2020, the company expects net sales to be JPY 9,579 million, operating profit to be JPY 256 million, profit attributable to owners of parent to be JPY 167 million, basic earnings per share to be JPY 23.10 per share.
For the year ending May, 2021, the company expects net sales to be JPY 19,268 million, operating profit to be JPY 659 million, profit attributable to owners of parent to be JPY 375 million, basic earnings per share to be JPY 51.69 per share.
IK Holdings Co Ltd is a Japan-based company mainly engaged in the direct marketing business, which sells miscellaneous goods, food, and cosmetics directly to end consumers, the sales marketing business, which wholesales the same products, and the information technology (IT) solutions business, which provides construction and support for chat systems and contact centers. The Company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
I.K Co.,Ltd. Provides Consolidated Earnings Guidance for the Period Ending November, 2020, Provides Consolidated Earnings Guidance for the Year Ending May, 2021