Samty Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended August 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending November 30, 2017
October 09, 2017
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Samty Co., Ltd. reported consolidated earnings results for the nine months ended August 31, 2017. For the period, the company reported net sales of JPY 42,679 million against JPY 32,386 million a year ago. Operating income was JPY 7,046 million against JPY 4,396 million a year ago. Ordinary income was JPY 5,771 million against JPY 3,085 million a year ago. Profit attributable to owners of parent was JPY 4,228 million against JPY 2,166 million a year ago. Income before income taxes was JPY 5,818 million against JPY 3,232 million a year ago. Net cash used in operating activities was JPY 11,093 million against JPY 4,025 million a year ago. Purchase of property, plant and equipment was JPY 26,791 million against JPY 6,570 million a year ago. Purchase of intangible assets was JPY 6 million against JPY 12 million a year ago. Net income per share was JPY 92.11 against JPY 203.61 a year ago. Net income per share after adjustment for residual shares was JPY 162.67 against JPY 83.84 a year ago.
The company provided earnings guidance for the fiscal year ending November 30, 2017. For the period, the company expects net sales of JPY 62,000 million, operating income of JPY 10,300 million, ordinary income of JPY 8,000 million, profit attributable to owners of parent of JPY 5,300 million or JPY 223.4 per share.
Samty Holdings Co Ltd is a Japan-based company mainly engaged in real estate development business, real estate solutions business, overseas business, real estate rental business, hotel rental and operation business, and real estate management business. The real estate development business plans, develops, and sells its own brand 'S-RESIDENCE' series. The real estate solutions business acquires, rehabilitates, and sells profitable real estate. The overseas business is engaged in overseas investment and housing development business. The real estate rental business is engaged in the rental of condominiums, office buildings, and commercial facilities. The hotel rental and operation business is engaged in the rental and management of hotels. The real estate management business manages condominiums, office buildings, and commercial facilities.