Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
February 07, 2020
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Nippon Coke & Engineering Company, Limited reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported net sales of JPY 82,252 million compared to JPY 92,519 million a year ago. Operating income was JPY 965 million compared to JPY 4,704 million a year ago. Net loss attributable to the owners of the parent was JPY 337 million compared to income of JPY 2,489 million a year ago. Net loss per share was JPY 1.16 compared to income per share of JPY 8.42 a year ago.
For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 108,000 million and operating income of JPY 1,700 million.
NIPPON COKE & ENGINEERING COMPANY, LIMITED is principally engaged in the manufacture and sale of coke, general coal and powder and granular equipment, as well as the call center business. The Company operates in three business segments. The Coke segment manufactures and sells coke. The Fuel Sales segment is engaged in purchasing and sale of coal and petroleum coke, and call center business. The Comprehensive Engineering segment is engaged in manufacture, sale and maintenance of chemical equipment and other equipment, as well as collecting, transportation and processing of industrial waste. The others business includes cargo handling business, real estate sales and leasing business.
Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020