Terrasky Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance Fiscal Year Ending February 28, 2018
October 12, 2017
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Terrasky Co., Ltd. announced consolidated earnings results for the six months ended August 31, 2017. For the period, the consolidated company reported net sales of ¥2,284 million, operating income of ¥124 million, ordinary income of ¥149 million, net profit attributable to owners of the parent of the company of ¥78 million or net income per diluted share of ¥26.97 compared to net sales of ¥1,506 million, operating income of ¥32 million, ordinary income of ¥40 million, net profit attributable to owners of the parent of the company of ¥23 million or net income per diluted share of ¥8.31 for the same period last year. Profit before income taxes was ¥139,144,000 against ¥40,988,000 a year ago. Net cash provided by operating activities was ¥250,401,000 against net cash used in operating activities of ¥67,392,000 a year ago. Purchase of property, plant and equipment was ¥78,385,000 against ¥5,963,000 a year ago. Purchase of intangible assets was ¥164,201,000 against ¥88,608,000 a year ago.
For the full year of fiscal year ending February 28, 2018, the consolidated company expects revenue of ¥5,044 million, operating income of ¥215 million, ordinary income of ¥253 million, net income attributable to owners of the parent of the company of ¥150 million or net income per share of ¥54.35.
TerraSky Co., Ltd operates in two business segments. The Solution segment provides cloud integration, cloud consulting and cloud ERP services. The Product segment develops and provides cloud services, which include SkyVisual Editor, SkyOnDemand and others.
Terrasky Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance Fiscal Year Ending February 28, 2018