Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 12, 2019
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Chugai Mining Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported revenue of JPY 13,355 million compared to JPY 14,318 million a year ago. Operating loss was JPY 615 million compared to JPY 184 million a year ago. Net loss attributable to owners of the parent was JPY 229 million or JPY 0.79 per share compared to JPY 223 million or JPY 0.77 per share a year ago.
For the year ending March 31, 2020, on consolidated basis, the company expects revenue of JPY 28,200 million, operating loss of JPY 510 million and net loss attributable to owners of the parent was JPY 200 million or JPY 0.69 per share.
Chugai Mining Co., Ltd. is principally engaged in the operation of precious metal business. The Company operates in five business segments. The Precious Metal segment is engaged in the sale of precious metals, artifacts and jewelries, the production and sale of gold, silver, platinum and palladium, as well as the purchase and sale of nonferrous metals which contain gold and silver. The Real Estate segment is involved in the subdivision and leasing of condominium buildings, as well as the trading, brokerage, leasing, management and planning development of real estate. The Machinery segment purchases and sells used machine tools, sheet metal machines and others. The Investment segment is engaged in the possession, trading and operation of securities. The Content segment plans, designs, manufactures, and sells toys and play equipment, and sells, wholesales, plans, and develops character products.
Chugai Mining Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020