A.D.Works Co.,Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
A.D.Works Co.,Ltd. announced consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of ¥22,299 million against ¥18,969 million a year ago. Operating Income was ¥1,212 million against ¥1,040 million a year ago. Ordinary Income was ¥926 million against ¥748 million a year ago. Net income attributable to owners of parent was ¥584 million or ¥1.84 per basic and diluted share against ¥540 million or ¥1.71 per basic and diluted share a year ago. Cash flows used in operating activities were ¥1,215 million compared to ¥5,128 million a year ago. Net income before taxes was ¥924,105,000 against ¥835,015,000 a year ago. EBITDA was ¥1,348 million. ROE was 5.8%. Payments for purchase of tangible fixed assets were ¥26,078,000 compared to ¥28,556,000 a year ago. Payments for purchase of intangible fixed assets were ¥9,312,000 compared to ¥30,849,000 a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects net sales of ¥24,000 million, ordinary income of ¥1,000 million, EBITDA of ¥1,600 million and net income of ¥660 million, net income before taxes of ¥1,000 million.