Gala Incorporated Reports Consolidated and Standalone Earnings Results for the Year Ended March 31, 2016
Gala Incorporated reported consolidated and standalone earnings results for the year ended March 31, 2016. For the period, on consolidated basis, sales were ¥464 compared with ¥684 for the same period last year. Operating profit was ¥426 compared with ¥288 for the same period last year. Net income was ¥470 or 30.09 sen per share compared with ¥271 or 19.54 sen per share for the same period last year. Extraordinary profit was ¥447 compared with ¥259 for the same period last year.
For the period, on standalone basis, sales were ¥42 compared with ¥47 for the same period last year. Operating profit was ¥136 compared with ¥148 for the same period last year. Net income was ¥579 or 37 sen per share compared with ¥334 or 24.07 sen per share for the same period last year. Extraordinary profit was ¥632 compared with ¥183 for the same period last year.