Shizuoka Gas Co., Ltd. Announces Consolidated Financial Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019
May 09, 2019 at 02:00 am EDT
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Shizuoka Gas Co., Ltd. announced consolidated financial results for the first quarter ended March 31, 2019. For the quarter, the company reported net sales of JPY 42,624 million compared to JPY 39,170 million a year ago. Operating profit was JPY 3,413 million compared to JPY 4,232 million a year ago. Ordinary profit was JPY 3,537 million compared to JPY 4,391 million a year ago. Profit was JPY 2,586 million compared to JPY 3,170 million a year ago. Profit per share diluted JPY 31.08 compared to JPY 39.11 a year ago. Profit per share diluted was JPY 31.03 compared to JPY 39.04 a year ago.
The company provided consolidated earnings guidance for the year ending of December 31, 2019. For the year, the company expects net sales to be of JPY 161,100 million. Operating profit expected to be of JPY 8,830 million. Ordinary profit expected to be of JPY 9,240 million. Profit attributable to owners of parent expected to be of JPY 5,880 million. Profit per share expected to be of JPY 79.62.
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 Financial Results for the First Quarter Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019
SHIZUOKA GAS CO., LTD. 
