Lihit Lab., Inc. Reports Earnings Results for the Second Quarter Ended August 31, 2013; Provides Dividend Guidance for the Year Ending February 28, 2014; Provides Earnings Guidance for the Year Ending February 28, 2014
October 08, 2013
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Lihit Lab., Inc. reported earnings results for the second quarter ended August 31, 2013. For the quarter, the company reported net sales of JPY 4,668,000,000 compared to JPY 4,610,000,000 reported a year ago. Operating profit was JPY 228,000,000 compared to JPY 197,000,000 reported a year ago. Net profit was JPY 197,000,000 or JPY 11.26 per share compared to JPY 72,000,000 or JPY 4.10 per share reported a year ago.
The company expects to year end dividend and total dividend of JPY 5 per share for the year ending February 28, 2014.
For the year ending February 28, 2014, the company expects net sales of JPY 8,950,000,000, operating profit of JPY 290,000,000, net income of JPY 210,000,000 or JPY 12.36 per share.
LIHIT LAB., INC. is a Japan-based company mainly engaged in the manufacture and sale of office supplies, and the real estate business. The Company operates through two business segments. The Office Supplies segment is engaged in the manufacture and sale of various files, binders, clear books, cases, bags, storage and organization supplies, office equipment, medical supplies, original products and others. The Real Estate segment is involved in the leasing of owned real estate.
Lihit Lab., Inc. Reports Earnings Results for the Second Quarter Ended August 31, 2013; Provides Dividend Guidance for the Year Ending February 28, 2014; Provides Earnings Guidance for the Year Ending February 28, 2014