Central Glass Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
February 01, 2018
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Central Glass Co. Ltd. announced consolidated earnings results for nine months ended December 31, 2017. For the period, the company reported net sales of ¥168,148 million, operating income of ¥4,542 million, ordinary income of ¥5,600 million, income before income taxes of ¥5,803 million, profit attributable to owners of parent of ¥3,399 million compared to the net sales of ¥161,088 million, operating income of ¥8,864 million, ordinary income of ¥10,425 million, income before income taxes of ¥10,665 million, profit attributable to owners of parent of ¥7,714 million for the same period a year ago. Basic earnings per share were ¥83.68 against ¥187.98 a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥224,000 million, operating income of ¥7,000 million, ordinary income of ¥7,500 million, profit attributable to owners of parent of ¥4,200 million and earnings per share of ¥103.49.
Central Glass Co.,Ltd. is a Japan-based company mainly engaged in manufacturing and sales of glass products and chemical products. The Company operates in two segments. The Glass Products segment is engaged in manufacturing and sales of building glass, automobile glass and glass for electronic materials. The Chemical Products segment is engaged in manufacturing and sales of chemicals, fine chemicals, fertilizers, glass fibers. The Company mainly operates in Japan, North Americas and other areas.
Central Glass Co. Ltd. Announces Consolidated Earnings Results for Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018