K.R.S. Corporation Reports Consolidated Earnings Results for the First Quarter Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2018 and Year Ending November 30, 2018
March 29, 2018
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K.R.S. Corporation reported consolidated earnings results for the first quarter ended February 28, 2018. For the quarter, the company reported operating revenue of JPY 39,932 million against JPY 37,009 million a year ago. Operating profit was JPY 546 million against JPY 985 million a year ago. Ordinary profit was JPY 556 million against JPY 999 million a year ago. Profit attributable to owners of parent was JPY 251 million or JPY 20.20 per share against JPY 517 million or JPY 41.66 per share a year ago. Profit before income taxes was JPY 555 million against JPY 994 million a year ago.
The company provided consolidated earnings guidance for the six months ending May 31, 2018 and year ending November 30, 2018. For the six months, the company expects operating revenue of JPY 81,250 million, operating profit of JPY 2,300 million, ordinary profit of JPY 2,320 million and profit attributable to owners of parent of JPY 1,220 million or JPY 98.16 per share.
For the year, the company expects operating revenue of JPY 164,000 million, operating profit of JPY 5,000 million, ordinary profit of JPY 5,050 million and profit attributable to owners of parent of JPY 2,730 million or JPY 219.66 per share.
K.R.S.Corporation is a Japan-based company mainly engaged in the provision of comprehensive logistics services such as storage, cargo handling, transportation and information processing. The Company is involved in the Manufacture and sale of mayonnaise dressings, canned goods, egg products and frozen foods. The Company operates through three business segments. The Joint Logistics segment is involved in the storage, loading and unloading, national intermodal transportation of foods, as well as the lorry transportation of raw materials such as grease and vinegar. The Dedicated Logistics segment is involved in operation of operates logistics center such as convenience stores. The Other Related segment is involved in the sale of vehicles, logistics equipment and fuel. The Company is also involved in the real estate leasing business, worker dispatch business and non-life insurance agency business.
K.R.S. Corporation Reports Consolidated Earnings Results for the First Quarter Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2018 and Year Ending November 30, 2018