IPS, Inc. Provides Earnings Guidance for the Period Ending September 2023 and for the Year Ending March 2024
May 12, 2023 at 02:00 am EDT
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IPS, Inc. provided earnings guidance for the period September 2023 and for the year ending March 2024. For the period ending September 2023, the company expected net sales of JPY 5,000 million, Operating profit of JPY 1,000 million, Ordinary profit of JPY 950 million, Profit attributable to owners of parent of JPY 600 million or Basic earnings per share of JPY 48.23.
For the year ending March 2024, the company expected net sales of JPY 14,000 million, Operating profit of JPY 3,800 million, Ordinary profit of JPY 3,550 million, Profit attributable to owners of parent of JPY 2,200 million or Basic earnings per share of JPY 176.84.
IPS Inc is a Japan-based company mainly engaged in the international communications business, Philippine communications business, domestic communications business, medical and healthcare business, and other businesses. The Company operates in five business segments. The International Communications segment is engaged in the provision of international communications lines to cable television (CATV) operators in the Philippines. The Philippine Telecommunications segment is engaged in the provision of telecommunications business within the Philippines. The Domestic Telecommunications segment is engaged in the sale of telephone services and software for call centers. The Medical and Healthcare segment is engaged in the provision of cosmetic surgery and ophthalmology services. The Other segment is engaged in customer development and usage promotion, such as overseas remittance services.