Nippon Valqua Industries, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year 2018
January 30, 2019
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Nippon Valqua Industries, Ltd. reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of ¥38,709 million against ¥35,161 million a year ago. Operating profit was ¥4,389 million against ¥4,049 million a year ago. Profit was ¥3,167 million against ¥2,832 million a year ago. Earnings per share was ¥175.57 compared to ¥156.17 a year ago.
The company provided consolidated earnings guidance for the full year 2018. For the period, the company expects net sales of ¥50,500 million, operating profit of ¥6,000 million, net profit of ¥4,200 million and earnings per share of ¥238.80.
VALQUA, LTD., formerly NIPPON VALQUA INDUSTRIES, LTD. is a Japan-based company primarily engaged in the manufacture and sale of seal products. The Company operates in three business segments. The Seal Products segment manufactures and sells plant and machinery related products, elastomer products, automobile parts and other seal products. The Functional Resin Product segment manufactures and sells resin products. The Other Product segment provides membrane products and environment-related product.
Nippon Valqua Industries, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year 2018