Penta-Ocean Construction Co., Ltd. Reports Consolidated Earnings Results and Non Consolidated Net Sales Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
February 07, 2019 at 11:30 am IST
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Penta-Ocean Construction Co., Ltd. reports consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sakes of JPY 385,640 million as compared to JPY 377,814 million for the same period last year. Operating income was JPY 20,755 million as compared to JPY 20,943 million for the same period last year. Ordinary income was JPY 18,418 million as compared to JPY 20,969 million for the same period last year. Earnings per share was JPY 46.32 as compared to JPY 50.90 for the same period last year. Net income was JPY 13,214 million as compared to JPY 14,537 million for the same period last year.
For the period, on non consolidated basis the company reported net sales of JPY 366,424 million as compared to JPY 357,107 million for the same period last year.
For the year ending March 31, 2019, the company expects net sales of JPY 570,000 million, operating income of JPY 28,500 million, ordinary income of JPY 27,500 million, net income attributable to owners of parent of JPY 18,000 and net income per share of JPY 63.07.
Penta-Ocean Construction Co Ltd is a Japan-based company mainly engaged in the construction and development business, equipment leasing business and shipbuilding business, as well as the sale of construction materials. The Company operates in four business segments. The Domestic Civil Engineering segment conducts civil engineering works in the domestic markets. The Domestic Construction segment conducts construction works in the domestic markets. The Overseas Construction segment is involved in the provision of construction works in overseas markets. The Others segment engages in the independent development, sales and rental of real estate.
Penta-Ocean Construction Co., Ltd. Reports Consolidated Earnings Results and Non Consolidated Net Sales Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019