Watami Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 2019; Provides Earnings Guidance for the Half Year Ending September 2019 and Full Year Ending March 31, 2020
August 13, 2019 at 11:30 am IST
Share
Watami Co., Ltd. announces consolidated earnings results for the first quarter ended June 2019. For the period, the company reported net sales of JPY 22,833 million against JPY 23,100 million a year ago. Operating profit was JPY 84 million against loss of JPY 223 million a year ago. Loss attributable to owners of parent was JPY 65 million against JPY 308 million a year ago. Basic loss per share was JPY 1.68 against JPY 7.90 a year ago.
For the half year ending September 2019, the company expects net sales to be JPY 46,400 million, Loss attributable to owners of parent to be JPY 200 million and basic loss per share to be JPY 5.11.
For the full year ending March 31, 2020, the company expects net sales to be JPY 96,300 million, operating profit to be JPY 1,100 million, Profit attributable to owners of parent to be JPY 500 million and Basic earnings per share to be JPY 12.79.
WATAMI CO.,LTD. is a Japan-based company mainly engaged in the restaurants business, the home delivery business, the agriculture business and the environmental business. The Company has five business segments. The Domestic Restaurant segment is engaged in the operation of restaurants, the manufacture and wholesale of ingredients, as well as the delivery of liquors and beverages to directly managed stores and franchise stores. The Home Delivery segment is engaged in the sale and delivery of food material sets and prepared dishes. The Overseas Restaurant segment is engaged in the franchise business, the strategic planning and execution of overseas expansion, as well as the operation of restaurants in overseas. The Environmental segment is engaged in the power retail business, the wind power generation business and the circulation services business. The Agriculture segment is engaged in the production and sale of agricultural products and processed agricultural products.
Watami Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 2019; Provides Earnings Guidance for the Half Year Ending September 2019 and Full Year Ending March 31, 2020
WATAMI CO., LTD. 