Faith Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 2019
February 13, 2019 at 07:00 am
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Faith Inc. reported consolidated earnings results for the third quarter ended December 31, 2018. For the period, the company reported net sales of JPY 15,796 million compared to JPY 16,344 million a year ago. Operating profit was JPY 292 million compared to JPY 1,319 million a year ago. Loss attributable to owners of the parent was JPY 307 million compared to profit of JPY 862 million a year ago. Net loss per basic share was JPY 22.97 compared to earnings of JPY 71.71 a year ago.
The company provided consolidated earnings guidance for the full year ending March 2019. For the year, the company expects net sales of JPY 20,500 million, operating profit of JPY 620 million, loss attributable to owners of parent of JPY 111 million or JPY 8.31 per basic share.
Faith,Inc. is a company mainly engaged in the contents business. The Company operates in three business segments. The Contents segment is engaged in the production of contents, the development and provision of delivery platform technology, the installment and operation of network systems, as well as the provision of contents delivery service to users. The Point segment is involved in the provision of point services. The Columbia segment is engaged in the planning, production and sale of sound source and videos, as well as the music copyright acquisition and management business. As of March 31, 2014, the Company had 16 subsidiaries and six associated companies.
Faith Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 2019
FAITH, INC. 
