WOWOW Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
July 31, 2017
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WOWOW INC. announced consolidated earnings results for the first quarter ended June 30, 2017. The company reported net sales of ¥19,866 million, operating profit of ¥3,454 million, profit attributable to owners of parent of ¥2,469 million or ¥91.48 per share compared to net sales of ¥19,748 million, operating profit of ¥1,980 million, profit attributable to owners of parent of ¥1,399 million or ¥51.84 per share a year ago. Profit before income taxes was ¥3,621 million compared to ¥2,023 million a year ago.
For the year six months ending Sep. 30, 2017, on consolidated basis, the company expects net sales of ¥40,600 million, operating profit of ¥5,100 million, profit attributable to owners of parent of ¥3,700 million or ¥137.08 per share.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥82,500 million, operating profit of ¥9,000 million, profit attributable to owners of parent of ¥6,500 million or ¥240.82 per share.
For the year ending March 31, 2018, the company expects an annual dividend of ¥80 per share.
WOWOW INC. is a Japan-based company engaged in the pay broadcasting business through broadcasting satellites (BSs). The Company operates in two business segments. The Broadcasting segment is engaged in the procurement and production of television programs, as well as the broadcasting of advertisement for free, the management of client and music copyrights, the procurement and operation of satellites, the publishing and management of integrated circuit for circumscription receiving system (CAS), the procurement, development and operation of music and image contents, among others. The Telemarketing segment is engaged in customer management, telemarketing, video and broadcast related transaction business.
WOWOW Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending Sep. 30, 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018