Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Result for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020
July 29, 2019
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Nippon Light Metal Holdings Company, Ltd. announced consolidated earnings result for the first quarter ended June 30, 2019. For the quarter, the company announced net sales of JPY 114,189 million compared to JPY 122,695 million a year ago. Operating profit was JPY 4,608 million compared to JPY 7,021 million a year ago. Net profit was JPY 3,287 million compared to JPY 4,956 million a year ago. Net profit per share was JPY 4.86 compared to JPY 7.70 a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2019 and year ending March 31, 2020. For the six months, the company expected net sales of JPY 235,000 million, operating profit of JPY 11,000 million, profit attributable to owners of the parent of JPY 7,000 million and net profit per share of JPY 11.30.
For the year ending March 31, 2020, the company expected net sales of JPY 500,000 million, operating profit of JPY 29,000 million, profit attributable to owners of the parent of JPY 18,500 million and net profit per share of JPY 29.88.
Nippon Light Metal Holdings Company, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of alumina and chemical products, board and extrusion products, processed products, foil and powder product. The Company has four business segments. The Aluminum, Chemicals and Metals segment is engaged in the provision of alumina, aluminum hydroxide, various chemicals, aluminum bullions, aluminum alloys and others. The Board and Extrusion Products segment is engaged in the provision of aluminum sheets and aluminum extrusion products. The Processed Products and Related Business segment is engaged in the provision of processed aluminum products, including electronic materials, industrial components, landscape related products, panels for freezers and refrigerators, transportation related products, and carbon products, as well as the information processing and insurance agency services. The Foil and Powder Products segment is engaged in the provision of foil and powder products.
Nippon Light Metal Holdings Company, Ltd. Announces Consolidated Earnings Result for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020