OAT Agrio Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017
May 10, 2017
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OAT Agrio Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net sales of ¥5,307 million against ¥5,478 million a year ago. Operating income was ¥1,526 million against ¥1,648 million a year ago. Ordinary income was ¥1,481 million against ¥1,568 million a year ago. Profit attributable to owners of parent was ¥1,010 million against ¥1,087 million a year ago. Diluted earnings per share were ¥194.65 against ¥191.49 per share a year ago. Profit before income taxes was ¥1,481 million against ¥1,568 million a year ago.
For the year ending December 31, 2017, the company expects to pay dividend of ¥30.00 per share against ¥30.00 per share a year ago.
For the year ending December 31, 2017, the company expects net sales of ¥13,496 million, operating income of ¥1,430 million, ordinary income of ¥1,409 million, profit attributable to owners of parent of ¥958 million or ¥194.24 per share.
OAT Agrio Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of fertilizers and pesticides. The Company primarily provides insecticides, including benfuracarb, sodium oleate, alanycarb, tolfenpyrad, cyflumetofen, crystal toxin producing bacillus thuringiensis bacteria and propylene glycol esters of fatty acids; fungicides, including flutianil, oxpoconazole fumarate, potassium hydrogen carbonate and calcium polysulfide; herbicides, such as cyanate, as well as plant growth regulators, among others.
OAT Agrio Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017