Candeal Co.,Ltd Announces Consolidated Earnings Results for the Six Months Ended March 31, 2020; Unable to Determine Consolidated Business Results Forecast for the Fiscal Year Ending September 30, 2020
May 15, 2020 at 02:19 pm IST
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CANDEAL Co.,Ltd announced consolidated earnings results for the six months ended March 31, 2020. For the period, the company reported net sale of JPY 6,617 million compared to JPY 6,827 million a year ago. Operating income was JPY 324 million compared to JPY 353 million a year ago. Net income attributable to owners of parent was JPY 148 million compared to JPY 197 million a year ago. Net income per share was JPY 14.33 compared to JPY 19.46 a year ago. Diluted net income per share was JPY 13.92 compared to JPY 18.79 a year ago.
Many delays or cancellations have occurred at the construction sites where the Group is involved due to the expansion of the new coronavirus (COVID-19) infectious, and it is difficult to reasonably calculate the business forecasts at this time. Therefore, the business forecasts for the fiscal year ending September 30, 2020 has not been determined yet.
CANDEAL CO., Ltd is mainly engaged in construction service related business. Construction service related business consists of repair service, building service for living environment, building service for commercial facilities, trading and distribution. The repair service consists of repair service for interior decoration materials and furniture in buildings. Building service for living environment includes periodic inspection of houses after moving and various maintenance services. Building service for the commercial facilities consists of services such as interior finishing work of commercial facilities, installation and interior of furniture of office relocation, as well as hotel furniture installation, furniture assembly and others. Trading and distribution includes sales of repair materials and sales of interior goods.
Candeal Co.,Ltd Announces Consolidated Earnings Results for the Six Months Ended March 31, 2020; Unable to Determine Consolidated Business Results Forecast for the Fiscal Year Ending September 30, 2020