River Eletec Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Provides Earnings Guidance for the First Half Ending September 2015 and Fiscal Year Ending March 2016
For the year, the company reported non-consolidated net loss of ¥1,031 million or ¥139.92 per share, ordinary loss of ¥598 million and operating loss of ¥235 million on net sales of ¥4,377 million against net loss of ¥354 million or ¥48.09 per share, ordinary loss of ¥213 million and operating loss of ¥45 million on net sales of ¥5,199 million for the same period in the last year.
The company provided earnings guidance for the fiscal year ending March 2016. For the year, the company expects net income of ¥16 million or ¥2.19 per share, ordinary income of ¥26 million and operating income of ¥32 million on net sales of ¥5,485 million.
The company provided earnings guidance for the first half ending September 2015. For the period, the company expects net income of ¥5 million or ¥0.73 per share, ordinary income of ¥9 million and operating income of ¥8 million on net sales of ¥2,570 million.