Ivy Cosmetics Corporation Announces Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Half Year Ending September 2020 and Full Year Ending March 2021
The company provided earnings guidance for the six months ending September 2020 and full year ending March 31, 2021. For the six months, the company expects to report net sales of JPY 2,150 million, operating profit of JPY 190 million, ordinary profit of JPY 180 million, and profit of JPY 140 million or JPY 31.54 per basic share.
For the year, the company expects to report net sales of JPY 4,000 million, operating profit of JPY 225 million, ordinary profit of JPY 200 million, and profit of JPY 155 million or JPY 31.54 per basic share.