Parco Co. Ltd. reported consolidated earnings results for the six months ended August 31, 2018. For the period, the company reported operating revenue of ¥44,184 million, operating profit of ¥5,707 million, profit before tax of ¥5,534 million, profit attributable to owners of parent of ¥3,786 million, basic and diluted earnings per share of ¥37.35 against operating revenue of ¥45,230 million, operating profit of ¥6,666 million, profit before tax of ¥6,552 million, profit attributable to owners of parent of ¥4,469 million, basic earnings per share of ¥44.05 a year ago. Net cash provided by operating activities was ¥6,262 million against ¥24,043 million a year ago. Purchase of property, plant and equipment was ¥3,377 million against ¥4,355 million a year ago. The company reduced interest-bearing debt by ¥4.79 billion during the same period.

For the year ending February 28, 2019, the consolidated company now expects operating revenue of ¥93,700 million, operating profit of ¥10,800 million, profit before tax of ¥10,450 million, profit attributable to owners of parent of ¥7,100 million and basic earnings per share of ¥70.04.

The company announced interim dividend of ¥12.00 per share for the fiscal year ending February 28, 2019 against ¥11.00 per share a year ago, payable on October 22, 2018.

The company expected year end dividend of ¥12.00 per share for the fiscal year ending February 28, 2019.