Precision System Science Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2016
May 13, 2016 at 08:23 pm
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Precision System Science Co., Ltd. announced consolidated earnings results for the nine months ended March 31, 2016. For the period, the company reported net sales of JPY 3,379,565,000 compared to JPY 3,938,445,000 a year ago. Operating loss was JPY 429,011,000 compared to JPY 179,044,000 a year ago. Ordinary loss was JPY 484,858,000 compared to JPY 24,777,000 a year ago. Loss before income taxes and others was JPY 481,250,000 compared to JPY 31,092,000 a year ago. Net loss was JPY 518,544,000 or JPY 21.85 per share compared to JPY 48,998,000 or JPY 2.76 per share a year ago.
The company provided consolidated earnings guidance for the full year ending June 30, 2016. For the year, the company expects sales of JPY 4,450 millio, operating loss of JPY 580 million, ordinary loss of JPY 640 million and net loss attributable to parent company shareholders of JPY 610 million or JPY 30.19 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 the Nine Months Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2016