Milbon Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending December 2019
February 13, 2019 at 08:00 am IST
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Milbon Co. Ltd. reported consolidated earnings results for the year ended December 31, 2018. For the year, on consolidated basis, net sales were JPY 35,185 million against JPY 33,456 million a year ago. Operating income was JPY 6,260 million against JPY 5,345 million a year ago. Profit attributable to owners of parent was JPY 4,495 million against JPY 3,817 million a year ago. Basic earnings per share were JPY 137.31 against JPY 116.58 a year ago.
For the year ending December 2019, on consolidated basis, the company expects net sales of JPY 36,600 million, operating income of JPY 6,840 million and profit attributable to owners of parent of JPY 4,350 million or JPY 132.86 per basic share.
Milbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of hair cosmetics, as well as the provision of related services. The Company is involved in the provision of permanent wave lotions, including thioglycolic acid permanent wave lotion, cysteine permanent wave lotion and anti-frizz straightening lotion; hair care products, including shampoos, hair conditioners, hair treatment, hair tonics, hair creams, liquid and foamy hairdressing products, setting lotions and hair sprays; hair colorants, encompassing oxidation hair dyes, hair dyeing products and hair bleaches, as well as other products, including hair rods, rollers, flat irons and schedule books, among others.
Milbon Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending December 2019