Ishihara Sangyo Kaisha, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for First Two Quarter and Full Year of Fiscal 2017
August 09, 2016
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Ishihara Sangyo Kaisha, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported Net Sales were ¥27,490 million, operating income of ¥815 million, ordinary loss of ¥711 million, loss attributable to owners of parent was ¥880 million or ¥2.20 per share compared with Net Sales were ¥28,761 million, operating income of ¥1,271 million, ordinary income of ¥883 million, income attributable to owners of parent was ¥430 million or ¥1.07 per share for the same period last year.
For the full year ending, the company expected Net Sales were ¥99,000 million, operating income of ¥3,500 million, ordinary income of ¥1,700 million, income attributable to owners of parent was ¥800 million or ¥2.00 per share.
For the first two quarter, the company expected Net Sales were ¥52,000 million, operating income of ¥500 million, ordinary loss of ¥1,600 million, loss attributable to owners of parent was ¥2,200 million or ¥5.50 per share.
ISHIHARA SANGYO KAISHA, LTD. is a Japan-based chemical company principally involved in the manufacture and sale of industrial chemical products. The Company operates in three business segments. The Inorganic Chemical segment mainly provides titanium oxide, functional materials, and other inorganic chemical products. The Organic Chemical segment mainly provides herbicides, pesticides, medicines, etc. The Others segment is engaged in the trading and construction business.
Ishihara Sangyo Kaisha, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for First Two Quarter and Full Year of Fiscal 2017