Asgent, Inc. Announces Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
Asgent, Inc. announced earnings results for the six months ended September 30, 2015. For the period, the company's net sales were ¥1,414 million compared with ¥1,277 million a year ago. Operating income was ¥205 million compared with operating income of ¥154 million a year ago. Ordinary income was ¥205 million compared with ordinary income of ¥151 million a year ago. Net income was ¥206 million or ¥54.00 per basic share compared with net income of ¥99 million or ¥25.90 per basic share a year ago. Loss before taxes was ¥204,879,000 compared with ¥151,549,000 a year ago. Net cash provided by operating activities was ¥129,145,000 compared with net cash used in operating activities of ¥73,536,000 a year ago. Purchase of property, plant and equipment was ¥32,432,000 compared with ¥28,244,000 a year ago. Purchase of intangible assets was ¥39,246,000 compared with ¥24,312,000 a year ago.
For the year ending March 31, 2016, the company expects net sales of ¥3,300 million, operating income of ¥140 million, ordinary income of ¥140 million, and net income of ¥140 million or ¥36.69 per share.