Maruwa Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
January 31, 2019 at 03:58 pm IST
Share
Maruwa Co., Ltd. announced the consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 30,149 million as compared to JPY 28,005 million for the same period last year. Operating profit was JPY 6,959 million as compared to JPY 6,629 million for the same period last year. Profit attributable to owners of parent was JPY 4,838 million as compared to JPY 4,396 million for the same period last year. Ordinary profit was JPY 7,315 million as compared to JPY 6,599 million for the same period last year. Net earnings per share was JPY 391.50 per share as compared to JPY 355.63 per share for the same period last year.
The company provided earnings guidance for the year ending March 31, 2019. For the period, the company expects net sales to be of JPY 40,300 million. Operating Profit expected to be JPY 9,800 million. Net Profit attributable to owners of parent expected to be of JPY 6,550 million. Earnings per share expected to be of JPY 529.83 per share. Ordinary profit expected to be of JPY 9,850 million.
MARUWA Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of ceramic components, including electronic components, and lighting equipment. The Company operates through two segments. The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment segment is involved in the production and sale of the lighting equipment that uses light emitting diode (LED) in addition to conventional lighting equipment. The Company is also involved in the business of supporting foundation activities.
Maruwa Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019