Hitachi Zosen Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
Hitachi Zosen Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company's net sales were ¥248,629 million against ¥258,803 million last year. Operating loss was ¥6,340 million against income of ¥1,453 million last year. Ordinary loss was ¥8,221 million against ordinary income of ¥344 million last year. Loss attributable to shareholders of company was ¥9,235 million or ¥54.79 per share against ¥1,594 million or ¥9.46 per share last year.
For the year ending March 31, 2018, the company expects net sales of ¥360,000 million, operating income of ¥6,500 million, ordinary income of ¥3,500 million, and profit attributable to shareholders of company of ¥2,000 million or ¥11.87 per basic share.