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.