Kurita Water Industries Ltd. Reports Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2015; Reaffirms Earnings Guidance for the Year Ending March 31, 2016
January 29, 2016 at 10:00 am
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Kurita Water Industries Ltd. reported consolidated earnings results for the nine months ended Dec. 31, 2015. The company announced net sales of ¥148,862 million and profit attributable to owners of the parent company of ¥9,314 million or ¥80.16 per share, for the nine months ended December 31, 2015 compared to net sales of ¥133,180 million and profit attributable to owners of the parent company of ¥7,711 million reported in the same period last year. Operating income was ¥14,040 million against ¥12,380 million reported last year. Ordinary income was ¥14,735 million against ¥12,696 million reported last year. Income before income taxes was ¥14,731 million against ¥12,530 million reported last year. Total capital expenditures were was ¥13,768 million against ¥4,762 million reported last year.
The Group's current outlook for the full year ending March 31, 2016 is consistent with the revised forecast disclosed in the Earnings for the Six Months Ended September 30, 2015, which was announced on October 29, 2015.
Kurita Water Industries Ltd. is a Japan-based company mainly engaged in the provision of water treatment-related products, technology and maintenance services. The Company operates in two business segments. The Water Treatment Chemical segment is engaged in the manufacture and sale of water treatment related chemicals and related equipment, as well as the provision of maintenance services. The Water Treatment Equipment segment is engaged in the manufacture and sale of equipment and facilities related to water treatment, the provision of ultra-pure water, the provision of chemical cleaning and precision cleaning services, the purification of soil and groundwater, as well as the provision of maintenance services such as operation and maintenance of water treatment facilities.
Kurita Water Industries Ltd. Reports Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2015; Reaffirms Earnings Guidance for the Year Ending March 31, 2016