Paltek Corp. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended December 31, 2013; Declares Dividend for the Fiscal Year Ended December 2013; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2014 ; Provides Dividend Guidance for the Fiscal Year Ending December 31, 2014
For the year, on non-consolidated basis, the company reported net sales of ¥17,351 million, operating income of ¥827 million, income before income taxes of ¥769.63 million, net income of ¥448 million or ¥39.26 per share compared to the net sales of ¥13,086 million, operating income of ¥209 million, loss before income taxes of ¥248.83 million, net loss of ¥139 million or ¥12.25 per share for the previous year
For the first half of fiscal year 2014, on consolidated basis, the company expected net sales of ¥9,200 million, operating income of ¥220 million, ordinary income of ¥230 million, net income of ¥145 million and net income per share of ¥12.70.
For the fiscal year ending December 31, 2014, on consolidated basis, the company expected, net sales of ¥19,000 million, operating income of ¥520 million, ordinary income of ¥510 million, net income of ¥320 million and net income per share of ¥28.2.
For the fiscal year ended December 2013, the company declared dividend of ¥8.00 per share compared to the ¥5.00 for the same period a year ago.
For the fiscal year ending December 31, 2014, the company expected dividend of ¥8.00 per share compared to the same dividend paid in the previous year.