Shinagawa Refractories Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
February 08, 2018 at 11:30 am IST
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Shinagawa Refractories Co., Ltd. announced consolidated earnings results for the third quarter ended December 2017. For the quarter, the company reported net sales of JPY 76,539 million compared with JPY 76,956 million for the same period a year ago. Operating income was JPY 5,027 million compared with JPY 4,683 million for the same period a year ago. Ordinary income was JPY 5,365 million compared with JPY 4,694 million for the same period a year ago. Profit attributable to owners of parent was JPY 2,987 million or JPY 318.37 per share compared with JPY 2,601 million or JPY 275.95 per share for the same period a year ago. Net assets per share were JPY 5,372.48.
For the year ending March 31, 2018, the company expects to report net sales of JPY 102,000 million, operating income of JPY 5,600 million, ordinary income of JPY 5,700 million and Profit attributable to owners of parent of JPY 2,700 million or JPY 286.4 per share.
SHINAGAWA REFRACTORIES CO.,LTD. is a Japan-based company engaged in the manufacture and sale of refractories, the installation of furnaces and the leasing of real estate. The Company operates through three business segments. The Refractory and Related Product segment is engaged in the manufacture and sale of regular refractories, irregular refractories, mold powder, calcined lime, chemicals, refractory insulation bricks, ceramic fibers and fine ceramics. The Engineering segment is involved in the design and installation of furnaces. The Real Estate and Leisure segment is engaged in the leasing of real estate and the operation of golf courses, public bathhouses and hotels.
Shinagawa Refractories Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 2017; Provides Earnings Guidance for the Year Ending March 31, 2018