IPS, Inc. Provides Consolidated Earnings Guidance for the Period Ending September 2022 and March 2023
May 13, 2022 at 11:45 am IST
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IPS, Inc. provided consolidated earnings guidance for the period ending September 2022 and March 2023. For the period, the company expected net sales of JPY 5,400 million, operating income of JPY 1,300 million, net income attributable to owners of parent of JPY 750 million or JPY 60.52 per basic share.
For the year, the company expected net sales of JPY 12,000 million, operating income of JPY 2,920 million, net income attributable to owners of parent of JPY 1,700 million or JPY 137.18 per basic share.
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.