MAEDA ROAD CONSTRUCTION Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported net sales of JPY 48,680 million against JPY 48,542 million a year ago. Operating profit was JPY 2,361 million against JPY 3,174 million a year ago. Ordinary profit was JPY 2,693 million against JPY 3,440 million a year ago. Profit attributable to owners of parent was JPY 1,824 million or JPY 21.14 per basic share against JPY 2,239 million or JPY 25.95 per basic share a year ago. Interest income was JPY 5 million against JPY 6 million a year ago. Profit before income taxes was JPY 2,680 million against JPY 3,295 million a year ago.

The company provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2019. For the first half, the company expects net sales of JPY 105,000 million, operating profit of JPY 8,900 million, ordinary profit of JPY 9,100 million and profit attributable to owners of parent of JPY 5,600 million or JPY 64.89 per basic share.

For the full year ending March 31, 2019, the company expects net sales of JPY 236,000 million, operating profit of JPY 23,400 million, ordinary profit of JPY 23,800 million and profit attributable to owners of parent of JPY 14,800 million or JPY 171.50 per basic share.