Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended September 30, 2016; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending June 30, 2017
October 28, 2016 at 08:30 pm IST
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Kawanishi Holdings, Inc. announced consolidated earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported net sales of ¥25,459 million against ¥23,103 million a year ago. Operating income was ¥41 million against operating loss of ¥72 million a year ago. Ordinary income was ¥52 million against ordinary loss of ¥70 million a year ago. Net income attributable to owners of parent was ¥20 million or ¥3.72 basic per share against net loss attributable to owners of parent of ¥72 million or ¥12.94 basic per share a year ago.
The company provided consolidated earnings guidance for the first half and full year ending June 30, 2017. For the first half, the company reported net sales of ¥52,885 million, operating income of ¥463 million, ordinary income of ¥462 million and net income attributable to owners of parent was ¥259 million or ¥46.29 basic per share.
For the full year, the company reported net sales of ¥105,069 million, operating income of ¥816 million, ordinary income of ¥808 million and net income attributable to owners of parent was ¥492 million or ¥87.77 basic per share.
OLBA Healthcare Holdings Inc, formerly Kawanishi Holdings Inc, is a Japan-based company mainly engaged in the medical equipment business. The Company operates through four business segments. The Medical Equipment segment is engaged in the sale of medical electrical equipment, pharmaceuticals, surgical instruments, implants and other medical equipment for clinics and hospitals. The Supply Process Distribution (SPD) segment is engaged in the provision of SPD systems that use information technology to manage goods information and purchase information. The Nursing Care Products segment is engaged in the sale and rental of home care beds and other nursing care equipment. The Import and Sale segment is engaged in the import and sale of medical equipment.
Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended September 30, 2016; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending June 30, 2017