Qol Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
January 27, 2016
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Qol Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 91,477 million compared to JPY 85,199 million a year ago. Operating income was JPY 4,634 million compared to operating income of JPY 3,042 million a year ago. Ordinary income was JPY 4,700 million compared to ordinary income of JPY 3,051 million a year ago. Profit attributable to owners of the parent was JPY 2,950 million compared to JPY 1,556 million a year ago. Diluted net income per share was JPY 82.57 compared to net income per share of JPY 46.27 a year ago. Income before income taxes and non-controlling interest was JPY 4,949 million compared to JPY 2,957 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales of JPY 125,800 million, operating income of JPY 6,200 million, ordinary income of JPY 6,100 million and profit attributable to owners of parent of JPY 3,400 million or JPY 98.84 per share.
Qol Holdings Co.,Ltd., formerly Qol Co., Ltd. is engaged in the operation of insurance pharmacies and Business Process Outsourcing (BOP) commission business. The Company operates in two segments. The Insurance Pharmacy segment is engaged in the operation of insurance pharmacies, as well as the operation of convenience stores in hospitals. The BOP Commission segment is engaged in the Contract Sales Organization (CSO) business, Contract Research Organization (CRO) business, medical related business and the wholesale of medicine products, cosmetic products and daily necessities through its subsidiaries.
Qol Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016