Chugai Mining Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
November 11, 2015
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Chugai Mining Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported revenue of JPY 16,277 million against JPY 7,437 million a year ago. Operating loss was JPY 148 million against JPY 232 million a year ago. Net loss was JPY 278 million or JPY 0.96 per share against JPY 300 million or JPY 1.04 per share a year ago. Recurring profit was JPY 176 million compared to JPY 290 million a year ago.
For the year ending March 31, 2016, on consolidated basis, the company expects revenue of JPY 32,700 million, operating profit of JPY 400 million and net profit of JPY 160 million or JPY 0.55 per share.
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, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016