Ryoyo Electro Corp. Reports Consolidated Earnings Results for the Six Months Ended July 31, 2017; Provides Earnings Guidance for the Full Year Ending January 31, 2018; Announces Interim Dividend, Payable on October 2, 2017; Provides Dividend Guidance for the Year Ending January 31, 2018
The company provided earnings guidance for the full year ending January 31, 2018. For the year, the company expects net sales of JPY 100,000 million, operating income of JPY 1,550 million, ordinary income of JPY 1,650 million, profit attributable to the owners of the parent of JPY 1,100 million or JPY 44.89 per share.
The company announced interim dividend of JPY 30.00 per share for the six months ended July 31, 2017 compared to JPY 20.00 per share for the same period a year ago. The dividend will be paid on October 2, 2017.
The company provided dividend guidance for the year ending January 31, 2018. For the year, the company expects to pay yearend dividend of JPY 30.00 per share against JPY 20.00 per share paid a year ago.