Toa Oil Co. Ltd. announced consolidated financial results for the six months ended June 2018. For the six months, the company reported net sales of ¥14,591 million against ¥12,597 million reported a year ago. Operating profit was ¥1,661 million against ¥490 million reported a year ago. Ordinary profit was ¥1,645 million against ¥479 million reported a year ago. Profit attributable to owners of parent was ¥1,208 million or ¥9.719 per basic share against ¥670 million ¥5.39 per basic share reported a year ago.

For the year ending Dec. 2018, the company expects net sales of ¥31,000 million, Operating profit of ¥3,930 million, Ordinary profit of ¥3,870 million and Profit attributable to owners of parent of ¥2,610 million or ¥5.5 per basic share.