Yamashin-Filter Corp. Declares Interim Dividend, for the Six Months Ended September 30, 2019, Payable from December 6, 2019; Provides Dividend Guidance for the Full Year Ending March 2020; Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 2020
November 06, 2019 at 08:31 pm IST
Share
Yamashin-Filter Corp. declared an interim dividend of ¥3.00 per share, for the six months ended September 30, 2019. The dividend is payable from December 6, 2019.
The company planned to pay a final dividend of ¥3.00 per share for the full year ending March 31, 2020.
The company announced consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of ¥5,811 million compared to ¥7,127 million a year ago. Operating income was ¥388 million compared to ¥1,085 million a year ago. Net income attributable to owners of parent was ¥187 million or ¥2.70 per share compared to ¥808 million or ¥11.68 per share a year ago.
The company provided consolidated earnings guidance for the year ending March 2020. For the year, the company expects net sales of ¥13,400 million, operating income of ¥1,250 million and net income attributable to owners of parent of ¥800 million or ¥11.56 per share.
Yamashin-Filter Corp is mainly engaged in the development, manufacture, and sale of filter products for construction machinery, air filter products, and healthcare-related products such as masks for home use. The Company operates its business through three segments. The Construction Machinery Filter segment mainly develops, manufactures, and sells filters for construction machinery, industrial use, and process use. The Air Filter segment mainly develops, manufactures, and sells air filters. The Healthcare segment mainly develops, manufactures, and sells Yamashin original masks that utilize synthetic polymer-based nanofibers.
Yamashin-Filter Corp. Declares Interim Dividend, for the Six Months Ended September 30, 2019, Payable from December 6, 2019; Provides Dividend Guidance for the Full Year Ending March 2020; Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 2020