INTERTRADE Co.,Ltd. Reports Consolidated Earnings Results for the Full Year Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending September 2017
November 11, 2016 at 08:30 pm IST
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INTERTRADE Co.,Ltd. reported consolidated earnings results for the full year ended September 30, 2016. For the period, the company reported net sales of JPY 2,358 million against JPY 2,459 million a year ago. Operating profit was JPY 11 million against operating loss of JPY 165 million a year ago. Ordinary profit was JPY 14 million against ordinary loss of JPY 164 million a year ago. Profit attributable to owners of parent was JPY 7 million or JPY 0.98 per basic share against loss attributable to owners of parent of JPY 331 million or JPY 46.08 per basic share a year ago. Rate of return on equity was 0.4% compared to negative of 17.2% a year ago. Ordinary income to total assets ratio was 0.6%. Operating income to net sales ratio was 0.5%. Net assets per share were JPY 244.32 per share compared to JPY 244.50 per share. Cash flows from operating activities were JPY 4 million against JPY 23 million a year ago.
For the full year ending September 2017, the company expects net sales of JPY 2,600 million, operating income of JPY 50 million, ordinary income of JPY 52 million, profit attributable to owners of parent of JPY 42 million and profit attributable to owners of parent net income per share was JPY 5.85.
INTERTRADE Co.,Ltd. is a Japan-based company mainly engaged in the financial solutions business, the business solutions business, the healthcare business and the investment education business. The Company operates in four business segments. The Financial Solutions segment is engaged in the development and maintenance of securities dealing systems, foreign exchange margin trading systems, off-exchange trading systems and other financial product trading systems. The Business Solutions segment is engaged in the development and sale of information technology (IT) support and group management solution systems, as well as the engineer dispatch business for general business corporations. The Healthcare segment is engaged in the production and sale of health foods and cosmetics. The Investment Education segment is engaged in the investment education business and the funds management business.
INTERTRADE Co.,Ltd. Reports Consolidated Earnings Results for the Full Year Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending September 2017