METAWATER Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2019
January 29, 2019
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METAWATER Co., Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 50,130 million against JPY 44,110 million a year ago. Operating loss was JPY 3,893 million against JPY 5,194 million a year ago. Net loss was JPY 2,612 million against JPY 3,658 million a year ago. Basic net loss per share was JPY 102.17 against JPY 141.76 a year ago.
For the fiscal year ending March 31, 2019, the company expects net sales to be JPY 118,000 million, Operating income to be JPY 7,500 million, Profit attributable to owners of parent to be JPY 5,000 million, Basic net income per share to be JPY 192.86 against previously forecast of net sales of JPY 120,000 million, Operating income of JPY 7,200 million, Profit attributable to owners of parent to be JPY 4,800 million, Basic net income per share to be JPY 185.20 respectively.
METAWATER Co.,Ltd. is a Japan-based company primarily engaged in the design, construction, repair, maintenance and operation management of mechanical and electrical equipment for water purification plants, sewage treatment plants, waste treatment facilities and recycling facilities. The Company operates its business in two business segments. The Plant Engineering segment involves in the design, procurement and sale of mechanical and electrical equipment used in water purification plants and sewage treatment plants. The Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance and other services.
METAWATER Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2019