Kissei Pharmaceutical Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2012; Provides Earnings Guidance for the Fiscal Year Ending March 2013
July 31, 2012
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Kissei Pharmaceutical Co. Ltd. reported consolidated earnings results for the first quarter ended June 2012. For the quarter, the company reported operating income of $26.3 million, net income of $18.2 million on net sales of $181.3 million against operating income of $21.7 million, net income of $16.9 million on net sales of $195.1 million for the same period of last year.
For the full year ending March 31, 2012, the group expects operating income of $71.9 million, net income of $53.0 million on net sales of $773.0 million.
KISSEI PHARMACEUTICAL CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of pharmaceutical products. The Company is engaged in the collection and analysis of medicine development information, and the manufacture and sale of medicines. It is also engaged in the purchase and sale of related materials, system development and information process work, construction contract work such as new construction, expansion and renovation of factories, laboratories and offices, the management of facility and equipment work, information collection and development support work, noodle manufacture and sale, and insurance agency business.
Kissei Pharmaceutical Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2012; Provides Earnings Guidance for the Fiscal Year Ending March 2013