Intrance Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
May 10, 2019 at 03:34 pm
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Intrance Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, the Group reported net sales of ¥2,752 million compared to ¥2,623 million reported last year. Operating income was ¥375 million compared to ¥7 million reported last year. Ordinary income was ¥367 million compared to ordinary loss of ¥27 million reported last year. Net income attributable to owners of parent was ¥55 million or ¥1.50 per share compared to loss of ¥74 million or ¥2.01 per share reported last year.
For the year, the parent company reported net sales of ¥385 million compared to ¥2,279 million reported last year. Operating loss was ¥327 million compared to ¥92 million reported last year. Ordinary loss was ¥116 million compared to ¥147 million reported last year. Net loss was ¥150 million or ¥4.07 per share compared to net loss of ¥155 million or ¥4.20 per share reported last year.
For the year ending March 31, 2020, the Group expected to report net sales of ¥3,300 million, operating income of ¥300 million, ordinary income of ¥130 million and net income attributable to owners of parent of ¥120 million or ¥3.24 per share.
INTRANCE CO., LTD. is a company principally engaged in real estate regeneration activities. The Company operates in two business segments. The Principal Investment business is engaged in purchase and sales of real estate by own account, and various development projects by JV. The Company operates real estate rehabilitation projects targeting a wide range of second-hand properties such as commercial buildings, office buildings and residences throughout the country. The Solution segment is engaged in rent revenue from real estate management, managed revenue by acquisition of real estate, commission income by real estate brokerage and consulting business. The other business is engaged in the operation and plan of the herb garden through subsidiary.
Intrance Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020