SE Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
February 05, 2017
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SE Corporation announced consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 11,970 million against JPY 13,762 million a year ago. Operating income was JPY 20 million against loss of JPY 77 million a year ago. Ordinary income was JPY 36 million against loss of JPY 70 million a year ago. Loss attributable to owners of parent was JPY 81 million against JPY 115 million a year ago. Net loss per share was JPY 5.45 against LPS JPY 7.71 a year ago. Profit before tax was JPY 42.969 million against loss of JPY 66.454 million for the same period a year ago.
For the year ending March 31, 2017, the company expects year-end dividend per share of JPY 20.00 against JPY 20.00 last year.
For the full year ending March 31, 2017, on consolidated basis, the company expects net sales to be JPY 18,700 million. Operating income is expected to be JPY 689 million. Ordinary income is expected to be JPY 700 million. Profit attributable to owners of parent is expected to be JPY 340 million. Net income per share is expected to be JPY 22.74.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Year-End Dividend Guidance for the Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017