Nippon Ski Resort Development Co., Ltd. Reports Consolidated Earnings Results for the First Nine Months Ended Apr. 30, 2016; Provides Earnings Guidance for the Year Ending July 31, 2016
May 26, 2016
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Nippon Ski Resort Development Co., Ltd. reported consolidated earnings results for the first nine months ended Apr. 30, 2016. For the nine months, the company reported operating income of ¥622 million and profit attributable to owners of parent of ¥282 million or ¥35.33 per basic share on net sales of ¥5,127 million against operating income of ¥1,279 million and profit attributable to owners of parent of ¥833 million or ¥106.3 per basic share on net sales of ¥5,442 million for the same period of last year.
For the year ending July 31, 2016, the company expects, operating income of ¥100 million and loss attributable to owners of parent of ¥164 million or ¥21 per basic share on net sales of ¥5,444 million.
Nippon Ski Resort Development Co., Ltd. is a Japan-based company primarily engaged in the operation of ski resorts. In winter season, its ski resort provides an opportunity to enjoy at the ski slopes; in green season, its ski resort provides an opportunity to enjoy the beautiful landscape and scenery facing from alpine plants. Its ski resort business segment involves in the sales of lift tickets, the provision of food and beverages, and rental of skiing and snowboarding equipment, among others.
Nippon Ski Resort Development Co., Ltd. Reports Consolidated Earnings Results for the First Nine Months Ended Apr. 30, 2016; Provides Earnings Guidance for the Year Ending July 31, 2016