Precision System Science Co., Ltd. Announces Consolidated Earnings Results for First Quarter Ended September 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017
November 16, 2016 at 05:14 am
Share
Precision System Science Co., Ltd. announced consolidated earnings results for first quarter ended September 30, 2016. For the quarter, the company reported net sales of ¥781 million, operating loss of ¥171 million, ordinary loss of ¥175 million, loss attributable to owners of parent of ¥179 million or ¥8.64 diluted per share, loss before income tax and others of ¥175.9 million compared to the net sales of ¥1,054 million, operating loss of ¥153 million, ordinary loss of ¥178 million, loss attributable to owners of parent of ¥182 million or ¥9.82 diluted per share, loss before income tax and others of ¥178.3 million for the same quarter a year ago.
For the six months ending December 31, 2016, the company forecast net sales of ¥2,100 million, operating loss of ¥380 million, ordinary loss of ¥390 million, loss attributable to owners of parent of ¥395 million or ¥19.03 diluted per share.
For the year ending March 31, 2017, the company forecast net sales of ¥4,400 million, operating loss of ¥590 million, ordinary loss of ¥610 million, loss attributable to owners of parent of ¥620 million or ¥29.87 diluted per share.
Precision System Science Co., Ltd. is engaged in the development, manufacture and sales of various devices for lab (laboratory) automation and clinical diagnosis. The equipment business provides various automated equipment for lab such as deoxyribonucleic acid (DNA) automatic extractors and others, immunochemical luminescence measuring devices, specimen pretreatment devices for clinical diagnosis, and fully automated gene diagnostic equipment, among others. The reagents and consumables business provide various reagents used for DNA extraction and protein purification, as well as dedicated plastic consumables such as reaction vessel and others. The maintenance-related segment is engaged in equipment maintenance business, and the sales of spare parts (replacement parts). The contract manufacturing business is engaged in the contract manufacturing business.
Precision System Science Co., Ltd. Announces Consolidated Earnings Results for First Quarter Ended September 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017