Shizuoka Gas Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2014
November 07, 2014 at 12:30 pm EST
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Shizuoka Gas Co., Ltd. announced consolidated earnings results for the nine months ended September 30, 2014. For the nine months, the company reported net sales of ¥124,826 million against ¥113,328 million a year ago. Operating income was ¥5,339 million against ¥4,923 million a year ago. Ordinary income was ¥5,667 million against ¥5,141 million a year ago. Income before income taxes and minority interests was ¥5,667 million against ¥4,755 million a year ago. Net income was ¥3,215 million or ¥43.59 diluted per share against ¥2,518 million or ¥34.42 per share a year ago.
The company provided consolidated earnings guidance for the full year ending December 31, 2014. For the year, the company reported net sales of ¥167,940 million, operating income of ¥5,610 million, ordinary income of ¥5,800 million and net income of ¥2,950 million or ¥40.01 per share.
SHIZUOKA GAS CO., LTD. is a Japan-based distributor of gas. The Company operates in two segments. The Gas segment is engaged in the manufacture, supply and sales of gas, as well as manufacture and sales of liquefied natural gas with its subsidiaries. The Liquefied Petroleum Gas (LPG) segment is engaged in the sales and wholesale of LPG, sales of associated equipment, as well as piping working. The other business includes order construction, gas equipment sales, renovation, and leasing businesses.
Shizuoka Gas Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2014