Okinawa Cellular Telephone Company Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
January 28, 2018
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Okinawa Cellular Telephone Company announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported operating revenue of JPY 48,463 million compared to JPY 46,674 million a year ago. Operating income was JPY 9,894 million compared to JPY 9,805 million a year ago. Recurring Profits was JPY 9,930 million compared to JPY 9,844 million a year ago. Profit before income taxes was JPY 9,930 million compared to JPY 9,844 million a year ago. Profit was JPY 7,046 million against JPY 7,190 million a year ago. Profit attributable to owners of parent was JPY 6,806 million or JPY 248.93 per share compared to JPY 6,941 million or JPY 253.87 per share a year ago. Net cash provided by operating activities were JPY 9,338 million compared to JPY 10,289 million a year ago. Purchase of property, plant and equipment was JPY 3,623 million compared to JPY 5,228 million a year ago. Purchase of intangible assets was JPY 58 million compared to JPY 218 million a year ago.
For the year ending March 31, 2018, the company expects consolidated operating revenues of JPY 65,000 million, operating income of JPY 12,200 million, recurring profits of JPY 12,200 million and net income of JPY 8,300 million or JPY 303.56 per share.
OKINAWA CELLULAR TELEPHONE COMPANY is a Japan-based company mainly engaged in the telecommunications business. The Company is engaged in the provision of mobile services, domestic and international communication services, and Internet services. The Company also provides dedicated services, au mobile phone services, au mobile phone terminal sales, renting and maintenance of communication equipment, and outsourcing lines. The Company is also engaged in the production and sales of agricultural business, and tourism business.
Okinawa Cellular Telephone Company Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018