Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the Nine Months Ended March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2020
April 30, 2020 at 07:00 am
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Kawanishi Holdings, Inc. announced consolidated earnings results for the nine months ended March 31, 2020. For the nine months, the company reported net sales of JPY 83,940 million against JPY 81,237 million a year ago. Operating income was JPY 799 million against JPY 935 million a year ago. Net income attributable to owners of parent was JPY 459 million or JPY 81.33 basic per share against JPY 606 million or JPY 108.09 basic per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending June 30, 2020. For the year, the company expects net sales of JPY 110,520 million, operating income of JPY 900 million, and net income attributable to owners of parent of JPY 303 million or JPY 54.15 basic per share.
OLBA Healthcare Holdings Inc, formerly Kawanishi Holdings Inc, is a Japan-based company mainly engaged in the medical equipment business. The Company operates through four business segments. The Medical Equipment segment is engaged in the sale of medical electrical equipment, pharmaceuticals, surgical instruments, implants and other medical equipment for clinics and hospitals. The Supply Process Distribution (SPD) segment is engaged in the provision of SPD systems that use information technology to manage goods information and purchase information. The Nursing Care Products segment is engaged in the sale and rental of home care beds and other nursing care equipment. The Import and Sale segment is engaged in the import and sale of medical equipment.
Kawanishi Holdings, Inc. Announces Consolidated Earnings Results for the Nine Months Ended March 31, 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2020