TechMatrix Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Announces Earning Results for the First Quarter Ended June 30, 2017; Provides Earning Guidance for the First Half of Fiscal 2018 and Full Year Ending March 31, 2018
August 09, 2017 at 12:15 pm IST
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TechMatrix Corporation provided dividend guidance for the fiscal year ending March 31, 2018. For the year-end, the company expects to pay year-end dividend of JPY 18 per share compared to JPY 15 per share paid for the same period a year ago.
The company reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, net sales were JPY 4,931 million compared with JPY 4,885 million a year ago. Operating income was JPY 103 million compared with JPY 123 million a year ago. Ordinary income was JPY 245 million compared with JPY 132 million a year ago. Profit attributable to owners of parent was JPY 148 million compared with JPY 77 million a year ago. Basic earnings per diluted share were JPY 8.52 against IPY 4.47 a year ago.
For the first half of fiscal 2018, on consolidated basis, the company expects net sales of JPY 11,200 million, operating income of JPY 700 million, ordinary income of JPY 900 million, profit attributable to owners of parents of JPY 600 million and net earnings per share of JPY 34.54.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 24,000 million, operating income of JPY 2,000 million, ordinary income of JPY 2,200 million, profit attributable to owners of parents of JPY 1,400 million and net earnings per share of JPY 80.60.
TECHMATRIX CORPORATION is a Japan-based company engaged in the sale of software, hardware and solutions related to information technology (IT), as well as the provision of consulting and maintenance services. The Company operates in two business segments. The Information Infrastructure segment is engaged in the provision of services such as product sale services, integration, maintenance, operation, as well as monitoring for networks, security and storage. The Application Service segment is engaged in the provision of high value-added application services such as system development, application packages, cloud services (SaaS) and testing services for business solutions, software quality assurance, medical care, and customer relationship management (CRM) face-to-face markets.
TechMatrix Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Announces Earning Results for the First Quarter Ended June 30, 2017; Provides Earning Guidance for the First Half of Fiscal 2018 and Full Year Ending March 31, 2018