Pigeon Corporation Reports Consolidated Earnings Results for the Six Months Ended July 31, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019
Pigeon Corporation reported consolidated earnings results for the six months ended July 31, 2019. For the period, the company reported net sales of ¥52,519 million against ¥52,847 million a year ago. Operating income was ¥9,257 million against ¥10,907 million a year ago. Net income was ¥6,699 million against ¥8,325 million a year ago. Net income attributable to owners of parent was ¥6,565 million against ¥8,109 million a year ago. Net income per share was ¥54.83 against ¥67.71 a year ago.
For the year ending December 31, 2019, the company expects net sales of ¥106,200 million, operating income of ¥20,000 million and net income attributable to owners of parent was ¥14,300 million or ¥119.40 per share.