Quest Co., Ltd. Reports Consolidated Earnings Results for the Half Year Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
October 30, 2016
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Quest Co., Ltd. reported consolidated earnings results for the half year ended September 30, 2016. For the half year, the company reported net sales of ¥3,943 million against ¥3,897 million for the same period a year ago. Operating income was ¥102 million against ¥92 million for the same period a year ago. Ordinary income was ¥116 million against ¥105 million a year ago. Profit before income taxes was ¥125,931,000 against ¥105,287,000 a year ago. Profit attributable to owners of parent was ¥89,407,000 or ¥17.30 per share against ¥70,093,000 or ¥13.56 per share for the same period a year ago. Net cash used in operating activities was ¥131,146,000 against ¥58,046,000 a year ago. Purchase of property, plant and equipment was ¥8,378,000 against ¥10,135,000 a year ago. Purchase of intangible assets was ¥2,584,000 against ¥9,955,000 a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of ¥8,400 million, operating income of ¥370 million, ordinary income of ¥385 million, profit attributable to the owners of the parent of ¥250 million or ¥48.37 per share.
Quest Co., Ltd. is a company mainly engaged in the information services business. The Company operates in two business segments. The System Development segment is involved in the provision of software development services, including the consulting, design, development and maintenance of systems for customers in a wide range of industries, including manufacturing, finance and telecommunication. The Infrastructure Service segment is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk and field support. The others business is involved in data processing business and purchase and sale of products.
Quest Co., Ltd. Reports Consolidated Earnings Results for the Half Year Ended September 30, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017