I-Net Corp. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
January 30, 2018
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I-Net Corp. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company has posted net sales of ¥18,770 million against ¥18,287 million a year ago. Operating income was ¥1,414 million against ¥1,384 million a year ago. Quarterly net income was ¥941 million or ¥59.19 basic per share against ¥887 million or ¥55.80 basic per share a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥25,600 million, operating profit of ¥2,100 million and net income of ¥1,360 million or ¥85.54 basic per share.
I-NET CORP. is a Japan-based company mainly engaged in the provision of information technology processing services, system development services, the sale of system equipment. Information processing services include accounting and information processing contracts, credit data management, and delivery service to card companies; printing, processing and distribution of invoice, promotional direct mail; information technology managed services and cloud services, data entry, and business card printing. System development services include development and sale of core business software for finance, distribution, manufacturing, and government offices, embedded software, measurement and control software and package software; dispatch of staff, management consulting, the design, development, installation, operation and maintenance of information system. System equipment sales purchases and sells personal computers, point-of-sale, supplies, and package software, and provides operation guidance.
I-Net Corp. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018