Fukushima Industries Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2020
August 23, 2019 at 02:30 pm IST
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Fukushima Industries Corp. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 20,390 million compared to JPY 20,200 million a year ago. Operating profit was JPY 1,726 million compared to JPY 2,033 million a year ago. Profit was JPY 1,252 million or JPY 62.70 per basic share compared to JPY 1,498 million or JPY 75.02 per basic share a year ago.
For the first half of fiscal 2020, the company expects net sales of JPY 42,663 million, operating profit of JPY 4,556 million and profit attributable to owners of parent of JPY 3,063 million or JPY 152.90.
For the full year ending March 31, 2020, the company expects net sales of JPY 89,125 million, operating profit of JPY 9,325 million and profit attributable to owners of parent of JPY 6,371 million or JPY 317.99.
FUKUSHIMA GALILEI CO. LTD., formerly FUKUSHIMA INDUSTRIES CORP., is principally engaged in the manufacture, sale and installation of commercial freezer refrigerators. The Company is mainly engaged in the manufacture and sale of freezer refrigerators, freezer and refrigerated showcases, large food processing machines, large and small refrigerated panel equipment, as well as service maintenance business. The Company mainly provides freezer refrigerators, freezer refrigerated showcases, large-scale food processing machines, large-scale panel refrigeration equipment, small-scale panel refrigeration equipment, among others.
Fukushima Industries Corp. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2020