Central Glass Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2020
July 31, 2019
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Central Glass Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 54,152 million, operating profit of JPY 1,737 million and profit of JPY 1,426 million or earnings per share of JPY 32.79 compared to net sales of JPY 55,576 million, operating profit of JPY 1,794 million and profit of JPY 1,903 million or earnings per share of JPY 43.41 for the same period a year ago.
For the first half of fiscal year ending March 31, 2020, the company expects net sales of JPY 112,000 million, operating profit of JPY 3,500 million and profit attributable to owners of parent of JPY 2,800 million or earnings per share of JPY 69.18.
For the full year ending March 31, 2020, the company expects net sales of JPY 234,000 million, operating income of JPY 11,500 million and profit attributable to owners of parent of JPY 8,500 million or earnings per share of JPY 210.02.
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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2020