Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
October 26, 2017
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Nippon Light Metal Holdings Company, Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of JPY 228,366 million against JPY 217,066 million a year ago. Operating profit was JPY 14,123 million against JPY 13,308 million a year ago. Ordinary profit was JPY 13,576 million against JPY 11,390 million a year ago. Profit attributable to owners of parent was JPY 8,656 million against JPY 8,544 million a year ago. Net profit per basic share was JPY 13.98 against JPY 13.80 per diluted share a year ago. Profit before income taxes and minority interests was JPY 13,576 million against JPY 11,799 million a year ago.
The company provided earnings guidance for the year ending March 31, 2018. For the year, the company reported net sales of JPY 470,000 million, operating profit of JPY 30,000 million, ordinary profit of JPY 28,000 million, profit attributable to owners of parent of JPY 18,000 million or JPY 29.07 per share.
Nippon Light Metal Holdings Company, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of alumina and chemical products, board and extrusion products, processed products, foil and powder product. The Company has four business segments. The Aluminum, Chemicals and Metals segment is engaged in the provision of alumina, aluminum hydroxide, various chemicals, aluminum bullions, aluminum alloys and others. The Board and Extrusion Products segment is engaged in the provision of aluminum sheets and aluminum extrusion products. The Processed Products and Related Business segment is engaged in the provision of processed aluminum products, including electronic materials, industrial components, landscape related products, panels for freezers and refrigerators, transportation related products, and carbon products, as well as the information processing and insurance agency services. The Foil and Powder Products segment is engaged in the provision of foil and powder products.
Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018