Chugai Mining Co., Ltd. Reports Unaudited Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018
May 12, 2017
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Chugai Mining Co., Ltd. reported unaudited consolidated and non consolidated earnings results for the year ended March 31, 2017. For the period, on consolidated basis, the company's revenue was ¥62,501 million against ¥29,188 million a year ago. Operating profit was ¥146 million against loss of ¥204 million a year ago. Recurring profit was ¥74 million against loss of ¥271 million a year ago. Current net loss attributable to owners of the parent was ¥92 million against ¥483 million a year ago. Current net loss per share was ¥0.32 against ¥1.67 a year ago. Cash flow from business activities was ¥620 million against cash flow used in business activities of ¥22 million a year ago.
For the period, on non consolidated basis, the company's revenue was ¥61,239 million against ¥27,344 million a year ago. Operating loss was ¥82 million against ¥424 million a year ago. Recurring loss was ¥114 million against ¥451 million a year ago. Current net loss was ¥126 million against ¥473 million a year ago. Current net loss per share was ¥0.44 against ¥1.63 a year ago.
For the first half of 2018, the company expects revenue of ¥35,750 million, operating income of ¥580 million, current income of ¥540 million, Current net income attributable to owners of the parent of ¥460 million and current net income per share of ¥1.59.
For the full year ending March 31, 2018, the company expects revenue of ¥70,500 million, operating income of ¥660 million, current income of ¥590 million and current net profit attributable to owners of the parent of ¥420 million and current net income per share of ¥1.45.
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 Unaudited Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018