Nippon Coke & Engineering Company, Limited Reports Consolidated Financial Results for the First Quarter Ended June 30, 2019; Provides Financial Guidance for the Six Months to Sep. 2019
August 07, 2019
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Nippon Coke & Engineering Company, Limited reported consolidated financial results for the first quarter ended June 30, 2019. For the quarter, the company reported operating income of ¥926 million and net income attributable to owners of parent of ¥529 million or ¥1.82 per share on net sales of ¥28,578 million against operating income of ¥1,596 million and net income attributable to owners of parent of ¥641 million or ¥2.17 per share on net sales of ¥29,913 million for the same period of last year.
For the six months to Sep. 2019, the company expects, operating income of ¥2,500 million and net income attributable to owners of parent of ¥1,300 million or ¥4.40 per share on net sales of ¥60,000 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 Financial Results for the First Quarter Ended June 30, 2019; Provides Financial Guidance for the Six Months to Sep. 2019