MarkLines Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019
August 02, 2019 at 07:00 am
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MarkLines Co., Ltd. reported consolidated earnings results for the six months ended June 30, 2019. For the period, the company has posted net sales of ¥1,199 million against ¥1,001 million a year ago. Operating profit was ¥438 million against ¥358 million a year ago. Ordinary profit was ¥41 million against ¥348 million a year ago. Profit was ¥311 million against ¥236 million a year ago. Basic earnings per share were ¥23.70 against ¥18.00 a year ago. Diluted earnings per share were ¥23.58 against ¥17.89 a year ago.
For the full year ending December 31, 2019, the company expects net sales of ¥2,434 million, Operating profit of ¥875 million, Ordinary profit of ¥890 million, profit attributable to owners of parent of ¥620 million or ¥46.87 basic per share.
MarkLines Co Ltd is a Japan-based company mainly engaged in the provision of online information services specializing in the automobile industry. The Company operates automotive industry portal which provides solutions through eight business segments includes information platform segment, consulting segment, recruitment segment, LMC Automotive Ltd. products (market forecast information) sales segment, promotional advertising segment, teardown investigation data sales segment, and vehicle parts procurement agency segment. The Company forms the supply chain of the automotive industry with related companies providing products and services include complete vehicle manufacturers, supporting parts manufacturers, materials manufacturers, equipment and machinery manufacturers, software vendors, trading companies, and transportation companies.
MarkLines Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2019; Provides Earnings Guidance for the Year Ending December 31, 2019