Sanden Holdings Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
Sanden Holdings Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥209,874 million, operating income of ¥2,251 million, ordinary income of ¥3,199 million and net income of ¥2,035 million or ¥73.64 per basic share compared to net sales of ¥203,141 million, operating loss of ¥884 million, ordinary loss of ¥1,228 million and net loss of ¥3,637 million or ¥131.70 per basic share a year ago. Net assets per share was ¥1,687.42 as on December 31, 2017. Profit before income taxes was ¥3,427 million against loss of ¥2,274 million a year ago.
The company provided earnings guidance for the fiscal year ending March 31, 2018. For the period, the company expected net sales of ¥285,000 million, operating income of ¥7,000 million, ordinary income of ¥7,500 million and net income of ¥4,500 million or ¥162.87 per basic share.