Sharingtechnology, Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2018; Provides Earnings Guidance for the Full Year Ending September 30, 2019
November 21, 2018 at 10:26 am
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Sharingtechnology, Inc. announced consolidated earnings results for the year ended September 30, 2018. For the period, the company reported sales revenue of JPY 4,727,669,000 compared to JPY 1,754,467,000 a year ago. Operating profit was JPY 553,549,000 compared to JPY 393,118,000 a year ago. Pre-tax profit was JPY 539,434,000 compared to JPY 390,038,000 a year ago. Net income was JPY 695,315,000 compared to JPY 267,564,000 a year ago. Attributable of net income owners of the parent company was JPY 695,333,000 compared to JPY 267,564,000 a year ago. Diluted earnings per share was JPY 37.05 compared to JPY 16.73 per share a year ago.
For the full year ending September 30, 2019, the company expects sales revenue of JPY 8,800 million, operating profit of JPY 1,700 million, Pre-tax profit of JPY 1,620 million, net income of JPY 1,053 million, current profit attributable to the owner of the parent company of JPY 973 million and basic earnings per share of JPY 47.73.
SHARINGTECHNOLOGY.INC is a Japan-based company mainly engaged in the Web business and investment business. It operates through two business segments. WEB business is engaged in the provision of solution to life problems through the operation of the portal site Life No.110 and the specialized vertical media site in the life service area. Member stores can provide services suited to the needs of users in the websites. Main services are unlocking and replacing keys, rain and water leakage, remodeling, glass repair, pet funeral, termite extermination, bee extermination, garden maintenance related, and other accidents that occur suddenly in daily life. It is also engaged in the operation of overseas studying service Sumadome, introducing foreign students and providing study abroad procedures. The new system Mover collects the geographical location of each member store staff and realizes matching. The Investment business includes manufacturing, real estate, and private hotel business.
Sharingtechnology, Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2018; Provides Earnings Guidance for the Full Year Ending September 30, 2019