AXELL Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Dividend Guidance for the Full Year of 2016; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2017
The company provided dividend guidance for the full year of fiscal 2016. For the year, the company expects a dividend of JPY 10.00 per share against JPY 5.00 per share a year ago.
The company provided consolidated earnings guidance for the first half and full year ending March 31, 2017. For the period, the company expects net sales were JPY 3,400 million, operating loss was JPY 450 million and loss was JPY 450 million or JPY 40.22 basic per share.
For the year, the company expects net sales were JPY 10,000 million, operating income was JPY 300 million and profit was JPY 200 million or JPY 17.87 basic per share.