Ryoyo Electro Corporation Reports Consolidated and Non- Consolidated Earnings Results for the Year Ended January 31, 2018; Provides Earnings Guidance for the Six Months Ending July 31, 2018 and Year Ending January 31, 2019
For the year, on non-consolidated basic the company has posted net sales of ¥83,744 million against ¥88,187 million a year ago. Operating income was ¥106 million against ¥1,163 million a year ago. Net profit was ¥65 million or ¥2.645 fully diluted per share against ¥1,163 million or ¥26.22 fully diluted per share a year ago.
For the six months ending July 31, 2018, the company expects net sales of ¥47,000 million, operating income was ¥500 million, profit attributable to owners of parent was ¥400 million or ¥16.32 per share.
For the year ending January 31, 2019, the company expects net sales of ¥93,000 million, operating income was ¥1,000 million, profit attributable to owners of parent was ¥800 million or ¥36.64 per share.