Nippon Coke & Engineering Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
November 01, 2016
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Nippon Coke & Engineering Co. Ltd. reported consolidated earnings results for the first half ended September 30, 2016. For the period, the company reported net sales of JPY 38,790 million against JPY 47,944 million a year ago. Operating income was JPY 722 million against JPY 1,954 million a year ago. Ordinary income was JPY 161 million against JPY 1,561 million a year ago. Net income attributable to owners of the parent was JPY 641 million against JPY 1,383 million a year ago. Net income per share was JPY 2.13 against JPY 4.58 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2017. For the period, the company expects net sales of JPY 83,500 million, operating income of JPY 2,700 million, ordinary income of JPY 1,600 million, net income attributable to owners of the parent of JPY 1,800 million or JPY 5.97 per share.
NIPPON COKE & ENGINEERING COMPANY, LIMITED is principally engaged in the manufacture and sale of coke, general coal and powder and granular equipment, as well as the call center business. The Company operates in three business segments. The Coke segment manufactures and sells coke. The Fuel Sales segment is engaged in purchasing and sale of coal and petroleum coke, and call center business. The Comprehensive Engineering segment is engaged in manufacture, sale and maintenance of chemical equipment and other equipment, as well as collecting, transportation and processing of industrial waste. The others business includes cargo handling business, real estate sales and leasing business.
Nippon Coke & Engineering Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017