Sangetsu Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2020
For the year, on non-consolidated basis, the company reported net sales of JPY 117,945 million against JPY 119,530 million a year ago. Operating profit was JPY 6,099 million against JPY 5,698 million a year ago. Profit was JPY 4,596 million against JPY 4,325 million a year ago. Basic earnings per share was JPY 73.54 against JPY 66.08 a year ago. Diluted earnings per share was JPY 73.39 against JPY 65.96 a year ago.
For the first half of fiscal 2020, the company expects net sales of JPY 78,000 million, operating profit of JPY 3,700 million and profit attributable to owners of parent of JPY 2,700 million or JPY 43.92 per basic share.
For the fiscal year 2020, the company expects net sales of JPY 163,000 million, operating profit of JPY 8,000 million and profit attributable to owners of parent of JPY 5,700 million or JPY 92.72 per basic share.