Shinagawa Refractories Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending September 2019 and Year Ending March 2020
May 09, 2019 at 11:30 am IST
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Shinagawa Refractories Co., Ltd. reported consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2019. For the period on consolidated basis, the company reported net sales of JPY 119,067 million against JPY 102,749 million a year ago. Operating profit was JPY 10,233 million against JPY 6,049 million a year ago. Profit attributable to owners of parent was JPY 6,225 million against JPY 3,419 million a year ago. Basic earnings per share were JPY 666.68 against JPY 364.90 a year ago.
For the period ending September 2019 on consolidated basis, the company expects net sales of JPY 60,300 million, operating profit of JPY 4,600 million, profit attributable to owners of parent of JPY 2,800 million or basic earnings per share of JPY 299.83.
For the period full year ending March 2020 on consolidated basis, the company expects net sales of JPY 125,300 million, operating profit of JPY 9,800 million, profit attributable to owners of parent of JPY 6,000 million or basic earnings per share of JPY 642.49.
For the period on non-consolidated basis, the company reported net sales of JPY 81,084 million against JPY 65,778 million a year ago. Operating profit was JPY 5,852 million against JPY 1,888 million a year ago. Profit was JPY 5,334 million against JPY 2,064 million a year ago. Basic earnings per share were JPY 571.25 against JPY 220.26 a year ago.
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 and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2019; Provides Earnings Guidance for the Six Months Ending September 2019 and Year Ending March 2020