IPS, Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2021
May 14, 2021 at 12:00 pm IST
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IPS, Inc. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2021. For the year, on consolidated basis, the company reported net sales of JPY 9,515 million against JPY6,508 million a year ago. Operating income was JPY 1,920 million against JPY 1,070 million a year ago. Net income attributable to equities of parent was JPY 1,303 million or JPY 105.38 per basic share and JPY 100.11 per diluted share against JPY 645 million or JPY 52.43 per basic share and JPY 50.44 per diluted share a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 8,116 million against JPY 5,037 million a year ago. Operating profit was JPY 1,138 million against JPY 724 million a year ago. Profit was JPY 899 million or JPY 72.70 per basic share and JPY 69.07 per diluted share against JPY 446 million or JPY 36.27 per basic share and JPY 34.89 per diluted share a year ago.
IPS Inc is a Japan-based company mainly engaged in the international communications business, Philippine communications business, domestic communications business, medical and healthcare business, and other businesses. The Company operates in five business segments. The International Communications segment is engaged in the provision of international communications lines to cable television (CATV) operators in the Philippines. The Philippine Telecommunications segment is engaged in the provision of telecommunications business within the Philippines. The Domestic Telecommunications segment is engaged in the sale of telephone services and software for call centers. The Medical and Healthcare segment is engaged in the provision of cosmetic surgery and ophthalmology services. The Other segment is engaged in customer development and usage promotion, such as overseas remittance services.