Heiwa Paper Co.,Ltd. Reports Earnings Results for Six Months Ended September 2015; Provides Earnings and Dividend Outlook for the Year Ending March 31, 2016; Announces Dividend for Second Quarter of 2015, Payable on December 2, 2015
November 12, 2015 at 09:30 pm IST
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Heiwa Paper Co.,Ltd. reported earnings results for six months ended September 2015. For the period, the company's net sales were ¥10,021 million against ¥9,883 million a year ago. Operating income was ¥114 million against ¥133 million a year ago. Ordinary income was ¥151 million against ¥154 million a year ago. Profit attributable to owners of parent was ¥88 million against ¥92 million a year ago. Net income per share was ¥9.02 against ¥9.37 a year ago.
For the second quarter ended September 2015, the company announced dividend of ¥5.00 per share, payable on December 2, 2015.
For the year ending March 31, 2016, the company expects year end dividend of ¥5.00 per share.
For the year ending March 31, 2016, the company expects net sales of ¥21,055 million, operating income of ¥378 million, ordinary income of ¥412 million and profit attributable to owners of parent of ¥258 million or ¥26.15 per share.
HEIWA PAPER CO.,LTD. is engaged in the Japanese paper and Western paper wholesale business. The Japanese and Western paper wholesale business sells Japanese and Western paper. The warehousing and paper processing business is involved in the delivery, storage and packing of its products, as well as the paper processing business.
Heiwa Paper Co.,Ltd. Reports Earnings Results for Six Months Ended September 2015; Provides Earnings and Dividend Outlook for the Year Ending March 31, 2016; Announces Dividend for Second Quarter of 2015, Payable on December 2, 2015