JSR Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
January 31, 2018 at 11:55 am
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JSR Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported revenue of JPY 313,524 million compared to JPY 281,123 million a year ago. Operating profit was JPY 37,152 million compared to JPY 25,709 million a year ago. Profit before tax was JPY 38,690 million compared to JPY 27,735 million a year ago. Profit attributable to owners of parent was JPY 27,660 million compared to JPY 22,300 million a year ago. Net income per diluted share was JPY 123.93 compared to JPY 99.21 a year ago. Profit was JPY 28,992 million compared to JPY 22,061 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the year, the company expects revenue of JPY 410,000 million, operating profit of JPY 43,000 million, profit before tax of JPY 44,500 million, profit attributable to owners of parent of JPY 31,500 million or JPY 141.55 per basic share and profit of JPY 33,500.
JSR Corp mainly conducts digital solutions business, life science business and synthetic resin business. The Company operates in three business segments. The Digital Solution Business manufactures and sells semiconductor materials, display materials and edge computing related products. The Life Science segment is engaged in diagnostic and research reagents and materials, bioprocess materials and drug discovery support services. The Elastomers segment includes synthetic rubbers such as styrene and butadiene rubber, butadiene rubber, and ethylene and propylene rubber, refined processed products, thermoplastic elastomers and processed products, latexes for paper processing, latexes for general industrial use, acrylic emulsions, high-performance dispersants, as well as chemical products such as industrial particles, thermal insulation paint materials, battery materials, and butadiene monomers. The Synthetic Resin segment manufactures and sells acrylonitrile butadiene styrene (ABS) resins.
JSR Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018