E'grand Co.,Ltd Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for Fiscal Ending March 31, 2018
January 30, 2018
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e'grand Co.,Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. The company reported net sales of JPY 14,348 million, operating profit of JPY 1,007 million, net income of JPY 575 million or JPY 90.43 per diluted share against net sales of JPY 12,975 million, operating profit of JPY 825 million, net income of JPY 447 million or JPY 69.32 per diluted share a year ago.
For the fiscal ending March 31, 2018, the company expects net sales of JPY 20,048 million, operating profit of JPY 1,321 million, net income of JPY 720 million or JPY 114.85 basic share.
e'grand Co Ltd is a Japan-based company primarily engaged in used housing restoration business including used condominiums and detached houses. The used housing restoration business purchases used houses from real estate auction markets and general used housing distribution markets and recovers the function of the houses through renovation, then sells its properties to primary target customers, including young families and first-time housing buyers. It mainly provides residential properties in Tokyo and Kansai area. The other business is engaged in the real estate leasing, remodeling contracting business and other real estate-related businesses.
E'grand Co.,Ltd Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for Fiscal Ending March 31, 2018
E'GRAND CO.,LTD 
