Shinagawa Refractories Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 2020
November 07, 2019 at 11:30 am IST
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Shinagawa Refractories Co., Ltd. reported consolidated earnings results for the second quarter ended September 30, 2019. For the quarter, the company reported net sales of ¥58,707 million against ¥59,117 million a year ago. Operating income was ¥4,783 million against ¥5,208 million a year ago. Profit attributable to owners of parent was ¥2,449 million against ¥3,703 million a year ago. Net income per basic share was ¥262.30 against ¥396.60 per share a year ago.
For the year ending March 2020, the company expects net sales of ¥125,300 million, operating income of ¥9,800 million and profit attributable to owners of parent of ¥6,000 million or ¥642.49 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. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 2020
SHINAGAWA REFRACTORIES CO., LTD. 
