Konoike Transport Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
February 14, 2019 at 01:15 am
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Konoike Transport Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 218,985 million against JPY 208,602 million a year ago. Operating profit was JPY 10,134 million against JPY 9,441 million a year ago. Ordinary profit was JPY 10,446 million against JPY 9,765 million a year ago. Diluted earnings per share were JPY 118.89 against JPY 113.02 a year ago. Earnings per share were JPY 119.38 against JPY 113.39 a year ago.
For the year ending March 31, 2019, the company expects net sales of JPY 284,800 million, operating profit of JPY 10,000 million, ordinary profit of JPY 10,300 million, earnings per share of JPY 107.14 per share.
Konoike Transport Co., Ltd. engages in the transportation business. The Company operates in three segments. Its Composite Solution segment operates production process businesses, such as materials receiving, manufacturing contracts, factory in-yard transporting and product inspection, the distribution businesses, such as product loading and unloading, delivery and distributive processing, the other specialty businesses, such as sterilization of medical machines, cleaning and delivery of hospital machines, collection and delivery of industrial waste and recycling in iron mills. Domestic Logistics segment operates constant-temperature logistics businesses based on frozen and refrigerated warehouses held in Japan and general logistics businesses based on dry warehouses. Overseas Logistics segment involves in the maritime and air freight-handling business, and the warehouse operation of export and import cargoes.
Konoike Transport Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019