I.K Co.,Ltd. Announces Consolidated Earnings Results for the First Six Months Ended November 2017; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2018
January 10, 2018 at 12:30 pm IST
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I.K Co.,Ltd. announced consolidated earnings results for the first six months ended November 2017. For the six months, the company announced net sales of JPY 9,272 million against JPY 7,071 million a year ago. Operating income was JPY 518 million against JPY 211 million a year ago. Profit attributable to owners of parent company was JPY 371 million or JPY 99.82 per basic share against JPY 153 million or JPY 41.10 per basic share a year ago. Ordinary income was JPY 524 million against JPY 209 million a year ago.
For the full year ending May 31, 2018, on consolidated basis, the company expects to report net sales of JPY 18,860 million, operating income of JPY 1,000 million, ordinary income of JPY 1,010 million and profit attributable to owners of parent company of JPY 690 million or JPY 185.18 per basic share.
IK Holdings Co Ltd is a Japan-based company mainly engaged in the direct marketing business, which sells miscellaneous goods, food, and cosmetics directly to end consumers, the sales marketing business, which wholesales the same products, and the information technology (IT) solutions business, which provides construction and support for chat systems and contact centers. The Company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
I.K Co.,Ltd. Announces Consolidated Earnings Results for the First Six Months Ended November 2017; Provides Consolidated Earnings Guidance for the Year Ending May 31, 2018