NuFlare Technology, Inc. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of JPY 7,212 million against JPY 3,128 million a year ago. Operating loss was JPY 108 million against JPY 2,092 million a year ago. Ordinary loss was JPY 47 million against JPY 1,833 million a year ago. Loss was JPY 390 million against JPY 1,369 million a year ago. Loss per share was JPY 32.80 against JPY 114.10 a year ago.

For the six months ending September 30, 2019, the company expects net sales of JPY 23,000 million, operating profit of JPY 5,100 million, ordinary profit of JPY 5,200 million, profit attributable to owners of parent of JPY 3,600 million and basic earnings per share of JPY 304.00.

For the year ending March 31, 2020, the company expects net sales of JPY 44,000 million, operating profit of JPY 9,000 million, ordinary profit of JPY 9,100 million, profit attributable to owners of parent of JPY 6,300 million and basic earnings per share of JPY 533.23.

The company provided earnings guidance for the year ending March 31, 2020. For the year, the company expects dividend of JPY 150.00 per share against JPY 150.00 per share paid for the same period a year ago.