Nifco Inc. Reports Consolidated Earning Results for the Nine Months Ended December 31, 2017; Provides Earning Guidance for the Full Year of Fiscal 2017
February 05, 2018
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Nifco Inc. reports consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 198,777 million against JPY 189,295 million a year ago. Operating profit was JPY 23,105 million against JPY 22,944 million a year ago. Ordinary profit was JPY 23,461 million against JPY 22,185 million a year ago. Profit attributable to owners of parent was JPY 16,185 million against JPY 15,460 million a year ago. Profit attributable to owners of parent per share was JPY 318.34 against JPY 304.84 a year ago. Diluted profit attributable to owners of parent per share was JPY 296.90 against JPY 284.29 a year ago.
The company provided earning guidance for the full year of fiscal 2017. For the year, the company expects net sales of JPY 262,000 million, operating profit of JPY 30,500 million, Ordinary profit of JPY 29,000 million, Profit attributable to owners of parent of JPY 20,800 million and profit attributable to owners of parent per share of JPY 409.53.
NIFCO INC. is a Japan-based manufacturing company primarily engaged in synthetic resin business. The Company operates in three business segments. The Molded Synthetic Resin segment manufactures and sells industrial plastics, fasteners, plastic precision molding components and molds. The Bed and Furniture segment is engaged in the production and sale of beds, as well as the import and sale of furniture. The Others segment is engaged in the purchase of accounts receivables and other businesses.
Nifco Inc. Reports Consolidated Earning Results for the Nine Months Ended December 31, 2017; Provides Earning Guidance for the Full Year of Fiscal 2017
NIFCO INC. 
