ARGO GRAPHICS Inc. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales were ¥9,660 million against ¥8,912 million a year ago. Operating profit was ¥899 million against ¥775 million a year ago. Ordinary profit was ¥956 million against ¥814 million a year ago. Profit before income taxes were of ¥956.807 million compared to ¥822.806 million a year ago. Profit attributable to owners of parent was ¥614 million against ¥514 million a year ago. Earnings per share were ¥57.52 against ¥48.3 a year ago. Net cash provided by operating activities were of ¥191.452 million compared to ¥1,321.473 million a year ago. Purchase of property, plant and equipment were of ¥15.389 million compared to ¥41.626 million a year ago.

The company provided earnings guidance for the full year ending March 31, 2018. For the year ending March 31, 2018, the company expects sales of ¥37,000 million, operating profit of ¥3,200 million, ordinary profit of ¥3,450 million, profit attributable to owners of parent of ¥2,150 million and earnings per share of ¥201.37 diluted per share.

The company provided dividend guidance for the first half and full year ending March 30, 2018. For the first half, the company expects to pay dividend of ¥33.00 per share compared to ¥30.00 per share for the same period a year ago.

For the year ending, the company expects to pay dividend of ¥33.00 per share compared to ¥36.00 per share for the same period a year ago.