Sanyo Housing Nagoya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending February 28, 2019 and Full Year Ending of August 31, 2019; Provides Dividend Guidance for the Six Months Ending February 28, 2019 and Full Year Ending of August 31, 2019
January 11, 2019 at 02:05 pm IST
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Sanyo Housing Nagoya Co., Ltd. reported consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company reported net sales of JPY 6,286 million compared to JPY 6,444 million a year ago. Operating loss was JPY 291 million compared to JPY 44 million a year ago. Loss was JPY 129 million compared to profit of JPY 21 million a year ago. Loss per share was JPY 8.86 compared to earnings per share of JPY 1.48 a year ago.
The company provided consolidated earnings guidance for the six months ending February 28, 2019 and full year ending of August 31, 2019. For the six months ending February 28, 2019, the company expects net sales of JPY 16,546 million, operating profit of JPY 216 million, profit attributable to owners of the parent of JPY 223 million and earnings per share of JPY 15.36.
For the full year ending August 31, 2019, the company expects net sales of JPY 40,669 million, operating profit of JPY 1,457 million, profit attributable to owners of the parent of JPY 1,157 million and earnings per share of JPY 79.39.
The company provided dividend guidance for the six months ending February 28, 2019 and full year ending of August 31, 2019. For the six months, the company expects dividend of JPY 19.00 per share compared to JPY 19.00 per share a year ago.
For the year ending of August 31, 2019, the company expects dividend of JPY 19.00 per share compared to JPY 19.00 per share a year ago.
AVANTIA CO.,LTD., formerly SANYO HOUSING NAGOYA CO., LTD., is a Japan-based company principally engaged in the housing business. The Company operates in three business segments. The Housing segment is engaged in the construction and sale of custom-made housing with land and detached houses. The Condominium segment is engaged in the planning and sale of condominiums. The General Contract Work segment is engaged in the contract construction works, contract civil engineering works and contract piping works. The Company is also engaged in the brokerage and surveying of real estate properties.
Sanyo Housing Nagoya Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending February 28, 2019 and Full Year Ending of August 31, 2019; Provides Dividend Guidance for the Six Months Ending February 28, 2019 and Full Year Ending of August 31, 2019
AVANTIA CO., LTD. 
