RENOVA, Inc. announced consolidated non-audited earnings results for the six months ended November 30, 2018. For the period, the group reported net sales of JPY 6,656 million compared to JPY 6,015 million a year ago. Operating profit was JPY 1,941 million compared to JPY 2,535 million a year ago. Profit was JPY 834 million compared to JPY 1,335 million a year ago. Basic earnings per share were JPY 4.34 compared to JPY 12.24 a year ago. Diluted earnings per share were JPY 4.09 compared to JPY 11.70 a year ago.

The company provided earnings guidance for the fiscal year ending March 31, 2019. The company expects net sales of JPY 13,600 million, operating profit of JPY 4,300 million, ordinary profit of JPY 2,700 million and profit attributable to owners of parent of JPY 1,350 million or JPY 18.13 per basic share.