The Hachijuni Bank, Ltd. Announces Quarterly Financial Results for the Quarter of June 2018; and Provides Earnings Guidance for the Quarter Ending March 2019 and Sep. 2018
August 02, 2018 at 12:00 pm IST
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The Hachijuni Bank, Ltd. announced quarterly financial results for the quarter of June 2018. For the quarter, the company reported Ordinary revenues of JPY 43,435 million against JPY 50,998 million a year ago. Ordinary profit was JPY 10,373 million against JPY 13,762 million a year ago. Profit attributable to owners of parent was JPY 6,915 million against JPY 9,572 million a year ago. Diluted earnings per share were JPY 13.75 against JPY 18.86 a year ago.
The company also provided earnings guidance for the quarter ending March 2019 and Sep. 2018. For the quarter ending March 2019, the company expected Ordinary profit of JPY 32,000 million, Profit attributable to owners of parent JPY 21,000 million and Basic earnings per share of JPY 41.84.
For the quarter ending Sep. 2018, the company expected Ordinary profit of JPY 15,000 million, Profit attributable to owners of parent JPY 10,000 million and Basic earnings per share of JPY 19.92.
The Hachijuni Bank, Ltd. (the Bank) is a regional bank which operates in two business segments. The Banking segment provides deposit, loan, domestic exchange, foreign exchange and trust services. This segment is also engaged in the credit guarantee, debt management and collection, as well as fund transaction. The Leasing segment is engaged in the provision of leasing services. The Bank is also engaged in the purchase and sale of securities, as well as the investment business.
The Hachijuni Bank, Ltd. Announces Quarterly Financial Results for the Quarter of June 2018; and Provides Earnings Guidance for the Quarter Ending March 2019 and Sep. 2018