GEO Holdings Corporation announced consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported net sales of JPY 222,041 million compared to JPY 217,352 million a year ago. Operating profit was 7,099 million compared to JPY 12,934 million a year ago. Profit for the period was JPY 4,218 million against JPY 8,495 million a year ago. Earnings per share was JPY 97.32 compared to JPY 188.01 a year ago. Fully diluted earnings per share was JPY 97.16 compared to JPY 187.16 a year ago.

For the fiscal year ending March 31, 2020, the company expects consolidated net sales of JPY 310,000 million, operating profit of JPY 10,000 million, profit attributable to owners of parent of JPY 5,250 million and earnings per share of JPY 121.13.

The company provided year end dividend forecast for the fiscal year ending March 31, 2020. The company expects to pay year end dividend of JPY 17.00 per share for fiscal year ending March 31, 2020 compared to JPY 17.00 per share paid a year ago.