Creo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020
July 30, 2019
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Creo Co.,Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the period, the company reported net sales of ¥2,998 million against ¥2,839 a million year ago. Operating profit was ¥117 million against ¥4 million a year ago. Profit was ¥56 million against nil a year ago. Earnings per share were ¥6.66 against loss per share of ¥0.21 a year ago.
For the six months ending September 30, 2019, the company expects net sales of ¥6,750 million, operating profit of ¥230 million, profit attributable to owners of parent of ¥150 million and basic earnings per share of ¥18.07.
For the year ending March 31, 2020, the company expects net sales of ¥15,000 million, operating profit of ¥1,000 million, profit attributable to owners of parent of ¥680 million and basic earnings per share of ¥81.94.
For the year ending March 31, 2020, the company expects dividend of ¥34.00 per share.
CREO CO., LTD. is a Japan-based company primarily engaged in information technology (IT) business. The Company operates in five business segments. The Solution Service segment provides solution services such as the personnel payroll and accounting solution ZeeM. The Contract Development segment provides system contract development services. The West Japan segment provides sale and contract development services for its products and services to customers west of Nagoya. The System Operation and Service segment mainly provides system development, maintenance and operation services to major domestic portal site operators. The Support Service segment provides support and services centered on help desks and technical support, as well as call center services such as social research and market research.
Creo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020; Provides Dividend Guidance for the Year Ending March 31, 2020