Keihanshin Building Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
January 31, 2017 at 09:00 pm IST
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Keihanshin Building Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of ¥10,749,408,000 against ¥11,221,141,000 a year ago. Operating income was ¥3,800,753,000 against ¥3,881,488,000 a year ago. Ordinary income was ¥3,671,872,000 against ¥3,663,996,000 a year ago. Profit before income taxes was ¥3,678,142,000 against ¥4,856,869,000 a year ago. Profit attributable to owners of parent was ¥2,547,272,000 or ¥47.20 diluted per share against ¥3,253,563,000 or ¥60.28 per share a year ago.
The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of ¥14,400 million, operating income of ¥4,700 million, ordinary income of ¥4,500 million and profit attributable to owners of parent of ¥3,100 million or ¥57.52 per share.
Keihanshin Building Co.,Ltd. is a Japan-based company mainly engaged in the rental of land and buildings, as well as the building management, construction contracting business. The Land and Building Leasing segment is involved in the rental of office buildings, data center buildings, Windsville, commercial buildings and other commercial buildings, as well as the maintenance and cleaning of buildings and machinery. The Company is also involved in the construction, equipment contracting and real estate brokerage business.
Keihanshin Building Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017