HIROSHIMA GAS Co.,Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earning Guidance for the Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 6, 2018; Provides Dividend Guidance for the Second Quarter and Year Ending March 31, 2019
May 10, 2018
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HIROSHIMA GAS Co.,Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year on consolidated basi, Net sales were JPY 73,717 million compared to JPY 70,002 million a year ago. Operating income was JPY 2,920 million compared to JPY 3,812 million a year ago. Ordinary income was JPY 3,506 million compared to JPY 4,310 million a year ago. Income before income taxes and minority was JPY 3,955 million compared to JPY 6,415 million a year ago. Profit attributable to owners of parent was JPY 2,499 million compared to JPY 5,560 million a year ago. Net income per share (basic) was JPY 36.80 compared to JPY 82.02 a year ago. Net cash provided by operating activities was JPY 11,516 million compared to JPY 7,263 million a year ago. Purchase of property, plant and equipment was JPY 6,880 million compared to JPY 8,069 million a year ago.
For the fiscal year ending March 31, 2019, on consolidated basis, net sales to be JPY 79,000 million, operating income to be JPY 3,100 million, ordinary income to be JPY 3,600 million, profit attributable to owners of parent to be JPY 2,400 million and Net income per share to be JPY 35.51.
For the year on non-consolidated basi, Net sales were JPY 55,439 million compared to JPY 52,505 million a year ago. Operating income was JPY 736 million compared to JPY 1,284 million a year ago. Ordinary income was JPY 2,404 million compared to JPY 2,874 million a year ago. Net income was JPY 2,089 million compared to JPY 2,110 million a year ago. Net income per share (basic) was JPY 30.77 compared to JPY 31.14 a year ago.
For the fiscal year ending March 31, 2019, on non-consolidated basis, net sales to be JPY 61,000 million, ordinary income to be JPY 2,700 million, net income to be JPY 2,000 million and Net income per share to be JPY 29.59.
For the year ended March 31, 2018, the company announced dividend of JPY 4.00 per share compared to JPY 4.50 paid last year. Scheduled date of commencement of dividend payment is June 6, 2018.
For the second quarter of fiscal year ending March 31, 2019, the company expects to pay dividend of JPY 4.00 compared to JPY 4.00 paid last year.
For the year ending March 31, 2019, the company expects to pay dividend of JPY 4.00 compared to JPY 4.00 paid last year.
HIROSHIMA GAS CO., LTD. is a Japan-based company principally engaged in gas business. The Company operates in two business segments. Its Gas segment is engaged in the manufacture, supply and sale of gas, mainly in the Hiroshima Prefecture. Its Gas segment is also involved in the sale of gas equipment, as well as provision of gas equipment installation services. Its Liquefied Petroleum Gas (LPG) segment is involved in the sale of LPG and LPG equipment, as well as the provision of LPG plumping installation services. The others businesses include the construction of piping works, the installation of machinery equipment, as well as the the information distribution business and the provision of elderly services, among others.
HIROSHIMA GAS Co.,Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earning Guidance for the Year Ending March 31, 2019; Announces Dividend for the Year Ended March 31, 2018, Payable on June 6, 2018; Provides Dividend Guidance for the Second Quarter and Year Ending March 31, 2019