Asahi Organic Chemicals Industry Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
January 31, 2018
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Asahi Organic Chemicals Industry reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 35,054 million against JPY 29,645 million a year ago. Operating income was JPY 2,274 million against JPY 1,150 million a year ago. Ordinary income was JPY 2,458 million against JPY 1,115 million a year ago. Income before income taxes was JPY 2,633 million against JPY 1,038 million a year ago. Profit attributable to owner of parent was JPY 2,120 million or JPY 110.62 per share against JPY 703 million or JPY 36.70 per share a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 48,000 million, operating profit of JPY 3,000 million, ordinary profit of JPY 3,000 million and profit attributable to owners of parent of JPY 2,300 million or JPY 120.01 per share.
ASAHI YUKIZAI CORPORATION is a Japan-based company mainly engaged in the development, manufacture and sale of industrial resin and plumbing equipment products. The Company operates its business through three business segments. The Pipe System segment is involved in the manufacture and sale of piping materials made of synthetic resin such as vinyl chloride, as well as the design and construction of piping works. The Resin segment manufactures and sells casting resins, resin coated sand for castings, resins for general industrial use, resins for foam materials, resins and derivatives for electronic materials, and resin molding materials. The Water Treatment & Resource Development segment is involved in the design, construction, maintenance and management of water treatment facilities, as well as the design and construction of drilling wells.
Asahi Organic Chemicals Industry Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
ASAHI YUKIZAI CORPORATION 
