Ryoyo Electro Corp. Reports Consolidated Earnings Results for the First Quarter Ended April 30, 2018; Provides Dividend Guidance for the Six Months Ending July 31, 2018 and Year Ending January 31, 2019; Provides Earnings Guidance for the Six Months Ending July 31, 2018 and Year Ending January 31, 2019
For the six months ending July 31, 2018, the company expects dividend of JPY 30.00 per share against JPY 20.00 per share paid for the same period a year ago.
For the year ending January 31, 2019, the company expects dividend of JPY 30.00 per share against JPY 30.00 per share paid for the same period a year ago.
For the six months ending July 31, 2018, the company expects net sales of JPY 47,000 million, operating income of JPY 500 million, ordinary income of JPY 600 million and profit attributable to owners of parent of JPY 400 million or JPY 16.32 per share.
For the year ending January 31, 2019, the company expects net sales of JPY 93,000 million, operating income of JPY 1,000 million, ordinary income of JPY 1,200 million and profit attributable to owners of parent of JPY 800 million or JPY 32.64 per share.