A.D.Works Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
A.D.Works Co.,Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥6,185.589 million, operating income of ¥407.440 million, ordinary income of ¥347.453 million and net income attributable to owners of parent of ¥221.913 million or ¥1.02 per diluted share compared to net sales of ¥3,279.619 million, operating income of ¥135.761 million, ordinary income of ¥69.193 million and net income attributable to owners of parent of ¥105.101 million or ¥0.48 per diluted share a year ago. Net income before taxes was ¥347.453 million compared to ¥156.056 million a year ago. EBITDA was ¥436 million against ¥239 million a year ago.
For the fiscal year ending March 31, 2018, the company expects net sales of ¥20,000 million, EBITDA of ¥1,400 million, ordinary income of ¥900 million, net income before taxes of ¥900 million and net income of ¥580 million.