River Eletec Corporation Reports Consolidated Earnings Results for the Third Quarter Ended December 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for the Year Ending March 31, 2017
For the fourth quarter ending March 31, 2017, the company expects consolidated net sales of ¥4,923 million, operating loss of ¥296 million, ordinary loss of ¥280 million and loss attributable to owners of parent of ¥292 million or ¥39.61 per basic share.
The company provided dividend guidance for the year ending March 31, 2017. For the year, the company expects to pay year-end dividend of JPY 1.50 per share compared to JPY 1.50 per share paid for the same period a year ago.