Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
February 10, 2017
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Chugai Mining Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the quarter, the company reported revenue of ¥38,095 million, operating profit of ¥274 million, recurring profit of ¥227 million and net profit of ¥17 million or ¥0.06 per share compared to revenue of ¥21,642 million, operating loss of ¥515 million, recurring loss of ¥565 million and net loss of ¥572 million or ¥1.98 per share reported in the same period last year.
For the year ending March 31, 2017, the group expected to report revenue of ¥47,700 million, operating profit of ¥470 million, declared profit of ¥410 million and net profit of ¥110 million or ¥0.38 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. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
CHUGAI MINING CO., LTD. 