Chugai Mining Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
November 17, 2017 at 09:06 pm IST
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Chugai Mining Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported revenue of JPY 25,647 million against JPY 23,496 million a year ago. Operating loss was JPY 272 million against operating profit of JPY 349 million a year ago. Recurring loss was JPY 305 million against recurring profit of JPY 320 million a year ago. Net profit attributable to owners of parent was JPY 33 million or JPY 0.11 per share against JPY 105 million or JPY 0.36 per share a year ago. Profit before income taxes was JPY 819.230 million against JPY 1,377.193 million a year ago.
For the year ending March 31, 2018, the company expected net sales of JPY 54,500 million, operating loss of JPY 190 million, declared loss of JPY 250 million, profit attributable to owners of parent of JPY 30 million or earnings per share of JPY 0.10.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
Chugai Mining Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018