Startia, Inc. Reports Consolidated Earnings Results for the First Half Year Ended September 30, 2017; Announces Dividend the Second Quarter 2017, Payable on December 18, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
November 09, 2017
Share
Startia, Inc. reported consolidated earnings results for the first half year ended September 30, 2017. For the first half, the company reported net sales of ¥5,372 million against ¥4,774 million a year ago. Operating profit was ¥221 million against loss of ¥119 million a year ago. Ordinary income was ¥235 million against ordinary loss of ¥110 million a year ago. Profit attributable to owners of parent was ¥210 million or ¥20.82 per share against ¥25 million or ¥2.46 per share a year ago. Net cash provided by operating activities was ¥649.971 million compared with ¥43.749 million a year ago. Income before income taxes was ¥311.314 million against ¥26.817 million a year ago.
For the year ending March 31, 2018, the company expects consolidated net sales of ¥10,500 million, operating income of ¥100 million, ordinary income of ¥100 million and profit attributable to owners of parent of ¥112 million or ¥11.09 per share.
The company announced dividend of ¥3.00 per share for the period end of second quarter against ¥3.00 per share a year ago. Date of commencement of dividend payment (tentative) is December 18, 2017.
The company expects to pay a dividend of ¥6.00 per share for the year 2018 against ¥6.00 per share a year ago.
Startia Holdings, Inc., formerly STARTIA INC. is a Japanese information technology company that operates in three core business segments. Digital marketing related business segment is engaged in the planning, development and sale of Web applications, among others. IT Infrastructure related business segment is involved in the provision of system integration and a total solution combining network equipment and services. Others business segment is engaged in the development of new business through innovative ideas and technologies.
Startia, Inc. Reports Consolidated Earnings Results for the First Half Year Ended September 30, 2017; Announces Dividend the Second Quarter 2017, Payable on December 18, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018