MAEDA ROAD CONSTRUCTION Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on consolidated basis, the company reported, net sales of JPY 48,542 million against JPY 46,387 million a year ago. Operating profit was JPY 3,174 million against JPY 3,708 million a year ago. Ordinary profit was JPY 3,440 million against JPY 3,843 million a year ago. Profit before income taxes was JPY 3,295 million against JPY 3,791 million a year ago. Profit attributable to owners of parent was JPY 2,239 million or JPY 25.95 per basic share against JPY 2,542 million or JPY 29.46 per basic share a year ago.

The company provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2018. For the first half, the company expects net sales of JPY 100,000 million, operating profit of JPY 9,900 million, ordinary profit of JPY 10,100 million and profit attributable to owners of parent of JPY 6,600 million or JPY 76.48 per basic share.

For the full year ending March 31, 2018, the company expects net sales of JPY 240,000 million, operating profit of JPY 27,200 million, ordinary profit of JPY 27,400 million and profit attributable to owners of parent of JPY 18,300 million or JPY 212.05 per basic share.