Japan Publications Trading Co., Ltd. Reports Consolidated Earnings Results for Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
February 14, 2019 at 01:00 am EST
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Japan Publications Trading Co., Ltd. reported consolidated earnings results for nine months ended December 31, 2018. For the period, the company reported net sales of ¥5,535 million, operating loss of ¥10 million, loss attributable to owners of parent of ¥5 million or ¥8.15 per basic share, compared to the net sales of ¥5,253 million, operating loss of ¥29 million, loss attributable to owners of parent of ¥42 million or ¥60.49 per basic share, for the same period a year ago.
The company provides earning guidance for the year ending March 31, 2019. The company forecast net sales of ¥8,650 million, operating profit of ¥95 million, profit attributable to owners of parent of ¥55 million and basic earnings per share of ¥78.86.
JAPAN PUBLICATIONS TRADING CO., LTD. is a Japan-based company mainly engaged in the importation, exportation and sale of general publications such as magazines and books, academic literature, teaching materials, acoustic software and other miscellaneous goods. The Company operates through four business segments. The Publication and Miscellaneous Goods Export segment is involved in the sale of general miscellaneous goods such as Japanese books and magazines, English books and magazines and ceramics. The Foreign Books segment is involved in the sale of foreign books and magazines. The Media segment is involved in the sale of general merchandise such as compact discs, digital video discs, stationery and ceramics. The Real Estate Leasing segment is involved in the leasing of office buildings. The Company is also involved in the sale of subsidiaries publications and general merchandise.
Japan Publications Trading Co., Ltd. Reports Consolidated Earnings Results for Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019