METAWATER Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
August 01, 2019 at 07:00 am
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METAWATER Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, net sales were JPY 14,848 million against JPY 11,582 million a year ago. Operating loss was JPY 1,563 million against JPY 2,316 million a year ago. Net loss was JPY 1,162 million against JPY 1,477 million a year ago. Basic loss per share was JPY 44.85 against JPY 57.34 a year ago.
For the year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 125,000 million, operating income of JPY 8,000 million, profit attributable to owners of parent of JPY 5,500 million and basic earnings per share of JPY 212.16.
METAWATER Co.,Ltd. is a Japan-based company primarily engaged in the design, construction, repair, maintenance and operation management of mechanical and electrical equipment for water purification plants, sewage treatment plants, waste treatment facilities and recycling facilities. The Company operates its business in two business segments. The Plant Engineering segment involves in the design, procurement and sale of mechanical and electrical equipment used in water purification plants and sewage treatment plants. The Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance and other services.
METAWATER Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020