HIROSHIMA GAS Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Declares Dividend for Second Quarter Ended September 30, 2019, Payable on December 2,2019; Provides Dividend Guidance for the Year Ending March 31, 2020
November 07, 2019
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HIROSHIMA GAS Co.,Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company has reported net sales of ¥38,427 million against ¥36,156 million a year ago. Operating income was ¥860 million against loss of ¥354 million a year ago. Profit was ¥708 million against loss of ¥142 million a year ago. Earnings per share were ¥8.20 against loss of ¥4.22 a year ago.
On consolidated basis, for the fiscal year ending March 31, 2020, the company expects net sales of ¥86,000 million, operating income of ¥2,700 million, profit attributable to owners of parent of ¥2,000 million or ¥29.53 per share.
On non-consolidated basis, for the fiscal year ending March 31, 2020, the company expects net sales of ¥66,000 million, operating income of ¥2,500 million, net income of ¥1,800 million or ¥26.58 per share.
For the second quarter ended September 30, 2019, the company declared dividend of JPY 4.50 compared to JPY 4.00 paid last year. Scheduled date of commencement of dividend payment is December 2,2019.
For the year ending March 31, 2020, the company expects to pay dividend of JPY 4.50 compared to JPY 4.00 paid last year.
HIROSHIMA GAS CO., LTD. is a Japan-based company principally engaged in gas business. The Company operates in two business segments. Its Gas segment is engaged in the manufacture, supply and sale of gas, mainly in the Hiroshima Prefecture. Its Gas segment is also involved in the sale of gas equipment, as well as provision of gas equipment installation services. Its Liquefied Petroleum Gas (LPG) segment is involved in the sale of LPG and LPG equipment, as well as the provision of LPG plumping installation services. The others businesses include the construction of piping works, the installation of machinery equipment, as well as the the information distribution business and the provision of elderly services, among others.
HIROSHIMA GAS Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Declares Dividend for Second Quarter Ended September 30, 2019, Payable on December 2,2019; Provides Dividend Guidance for the Year Ending March 31, 2020