Alpha Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Year Ending August 31, 2018; Provides Dividend Guidance for the Year Ending August 31, 2018
April 11, 2018 at 03:09 pm EDT
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Alpha Co., Ltd. reported consolidated earnings results for the six months ended February 28, 2018. For the period, net sales were JPY 3,978 million against JPY 3,835 million a year ago. Operating income was JPY 189 million against JPY 167 million a year ago. Ordinary income was JPY 186 million against JPY 170 million a year ago. Net income attributable to owners of the parent was JPY 124 million or JPY 154.45 per share against JPY 112 million or JPY 139.45 per share a year ago.
For the year ending August 31, 2018, the company expects year-end dividend of JPY 70.00 per share against JPY 7.00 per share paid a year ago. The company conducted a 1-for-10 reverse stock split effective on March 1, 2018.
For the year ending August 31, 2018, on consolidated basis, the company expects net sales of JPY 7,700 million, operating income of JPY 260 million, ordinary income of JPY 260 million and net income attributable to owners of parent to be JPY 175 million or JPY 217.53 per share.
ALPHA CO., LTD. is a Japan-based company engaged in comprehensive sales promotion business that planning, proposing and sales of advertisement and other sales promotion products, as well as sales of posters, ramps, tapestries and point-of-purchase (POP) advertisements. The Company's comprehensive sales promotion business plans, manufactures and sells all kinds of advertisements and decorations related to sales promotion advertisements installed at shop front and store for users to promote sales, mainly by supermarkets and home electronics mass merchandisers. The Company mainly engages in sales POP advertisements when consumers purchase at stores. POP advertisements include posters, ramps, curtains, decorations and event goods.
Alpha Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Year Ending August 31, 2018; Provides Dividend Guidance for the Year Ending August 31, 2018