The Yonkyu Co.,Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2020; Declares Final Dividend for the Year Ended March 31, 2020, Payable on June 24, 2020; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021; Provides Dividend Guidance for the Full Year Ending March 31, 2021
May 12, 2020 at 02:00 am
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The Yonkyu Co.,Ltd. announced consolidated earnings results for the full year ended March 31, 2020. For the period, the company reported net sales of JPY 40,461 million against JPY 39,680 million a year ago. Operating income was JPY 1,405 million against JPY 1,379 million a year ago. Net income attributable to equities of parent was JPY 694 million or JPY 59.90 per basic share against JPY 977 million or JPY 84.59 per basic share a year ago.
The company declared a final dividend of 12.00 per share for the full year ended March 31, 2020. The dividend is payable on June 24, 2020.
The company expects to pay a final dividend of JPY 12.00 per share for the full year ending March 31, 2021.
The company provided consolidated earnings guidance for the full year ending March 31, 2021. For the year, the company expects to report net sales of JPY 40,461 million, operating income of JPY 1,405 million and net income attributable to owners of the parent was JPY 694 million or JPY 56.99 per basic share.
Yonkyu Co Ltd is a Japan-based company mainly engaged in the seafood wholesale business, general cargo transportation business, tuna farming business, eel farming business and fresh fish retail business. The Company operates in two business segments. The Fresh Fish Sale segment purchases thailand, hamachi, amberjack, small fish (including natural fish), fry, artificially hatched fry, processed goods, tuna, and eel. The Feedstuff Sale segment provides raw bait, feed mixture and moist pellets to fish farmers. The others business is engaged in the general cargo transportation business.
The Yonkyu Co.,Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2020; Declares Final Dividend for the Year Ended March 31, 2020, Payable on June 24, 2020; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021; Provides Dividend Guidance for the Full Year Ending March 31, 2021