Tsukishima Kikai Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
January 31, 2017 at 09:00 am EST
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Tsukishima Kikai Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2017. The company expects to pay a year-end dividend of ¥9.00 per share, compared with ¥9.00 per share for the same period a year ago.
The company reported consolidated earnings results for the third quarter ended December 2016. For the quarter, the company reported net sales of ¥39,929 million against ¥43,209 million a year ago. Operating loss was ¥155 million against operating income of ¥114 million a year ago. Ordinary income was ¥321 million against ¥404 million a year ago. Profit attributable to owners of parent was ¥743 million or ¥16.90 per basic share against ¥219 million or ¥5.01 per basic share a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of ¥70,000 million, operating income of ¥4,000 million, ordinary income of ¥4,200 million, profit attributable to owners of parent of ¥2,500 million or ¥56.73 per basic share.
Tsukishima Holdings Co Ltd, formerly Tsukishima Kikai Co Ltd, is a Japan-based company primarily engaged in the water environment business. The Company operates in two segments. The Water Environment segment is engaged in the design and construction of sludge disposal treatment plants for water filter and sewage treatment plants; the design, manufacture and sale of singular machineries; the operation, maintenance, management and repair of water filters and sewage treatment plants, as well as the digestion gas power generation project at a sewage treatment plant. The Industrial segment is engaged in the design and construction of plants for chemicals, steel, foods, liquid waste disposal and solid waste disposal; the design, manufacture and sale of crystallizers, filters, dryers, separators and among others. The other business is engaged in the printing and binding of large drawings, various documents, and the management and rental of office buildings and parking lots.
Tsukishima Kikai Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Third Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017