Sanko Metal Industrial Co., Ltd. Announces Earnings Results for the Third Quarter Ended December 2018; Provides Earnings Guidance for Year Ending March 2019
January 25, 2019 at 12:30 am
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Sanko Metal Industrial Co., Ltd. announced earnings results for the third quarter ended December 2018. For the quarter, the company's Net Sales were JPY 26,165 million compared to JPY 25,430 million a year ago. Profit was JPY 1,233 million or JPY 319.78 per basic share compared to JPY 2,000 million or JPY 518.81 per basic share. Operating profit was JPY 1,884 compared to JPY 1,712 million a year ago.
The company provided earnings guidance for the year ending March 2019. For the year, the company expected net sales of JPY 36,900 million, operating income of JPY 2,370 million and profit of JPY 1,560 million or JPY 404.55 per basic share.
SANKO METAL INDUSTRAL CO., LTD. is a Japan-based company principally engaged in the construction works of roofs, as well as the sale of related construction materials. The Company operates in two business segments. The Roof segment is engaged in the construction of long roofs, water-proof roofs, solar roofs and painted roofs, as well as the sale of long molded products and solar molded products. The Construction Material segment is engaged in the sale of residential molded products. The Company also engages in the wholesale of electricity generated by solar power to electric power company.
Sanko Metal Industrial Co., Ltd. Announces Earnings Results for the Third Quarter Ended December 2018; Provides Earnings Guidance for Year Ending March 2019