Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year 2017 and Full Fiscal Year 2017
August 04, 2016
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Nippon Coke & Engineering Company, Limited reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported operating loss of ¥176 million against income of ¥915 million a year ago. Net sales were ¥18,505 million against ¥21,768 million a year ago. Ordinary loss was ¥357 million against income of ¥678 million a year ago. Net loss Attributable to owners of the Parent was ¥346 million against income of ¥368 million a year ago. Net loss per Share ¥1.15 million against income per share of ¥1.22 a year ago.
For the first half of fiscal year 2017, the company expected consolidated operating income of ¥9,700 million; Operating income was ¥500 million. Ordinary Income was ¥100 million.
For the fiscal year 2017, the company expected consolidated net sales of ¥80,500 million. Operating income was ¥1,200 million. Ordinary Income was ¥400 million and net income attributable to owners of the parent of ¥200 million or ¥0.66 per basic share on net sales of ¥105,500 million.
NIPPON COKE & ENGINEERING COMPANY, LIMITED is principally engaged in the manufacture and sale of coke, general coal and powder and granular equipment, as well as the call center business. The Company operates in three business segments. The Coke segment manufactures and sells coke. The Fuel Sales segment is engaged in purchasing and sale of coal and petroleum coke, and call center business. The Comprehensive Engineering segment is engaged in manufacture, sale and maintenance of chemical equipment and other equipment, as well as collecting, transportation and processing of industrial waste. The others business includes cargo handling business, real estate sales and leasing business.
Nippon Coke & Engineering Company, Limited Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year 2017 and Full Fiscal Year 2017