SE Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
November 05, 2017
Share
SE Corporation announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 9,020 million against JPY 7,574 million a year ago. Operating profit was JPY 217 million against loss of JPY 150 million a year ago. Ordinary income was JPY 319 million against loss JPY 141 million a year ago. Profit attributable to owners of parent was JPY 184 million compared to loss of JPY 188 million a year ago. Earnings per share was JPY 12.31 against Loss of JPY 12.57 a year ago. Profit before income taxes was JPY 308.686 million compared to loss of JPY 143.061 million a year ago. Net cash provided by operating activities was JPY 924.134 million against JPY 91.679 million a year ago. Purchase of property, plant and equipment was JPY 221.427 million against JPY 193.118 million a year ago. Purchase of intangible assets was JPY 2.748 million compared to JPY 3.890 million a year ago.
For the full year ending March 31, 2018, on consolidated basis, the company expects net sales to be JPY 19,500 million, operating income to be JPY 750 million, ordinary income to be JPY 840 million, profit attributable to owners of parent to be JPY 500 million, and earnings per share to be JPY 33.44.
S E Corporation is primarily engaged in manufacturing construction materials and equipment for repair and reinforcement work. The Company operates in four business segments. The Manufacturing and Selling of Construction Materials and Equipment segment manufactures and sells civil engineering construction materials for use in structures, such as fasteners, bridge collapse prevention devices, cables, and others. The Manufacturing and Selling of Building Materials segment manufactures and sells building materials such as separators, hanging bolts and others. The Construction Consulting segment provides a range of construction consulting service. The Repair and Reinforcement Work segment is engaged in the repair and reinforcement work of bridge structures, tunnels and others, and other construction and inspection of civil engineering and building work.
SE Corp. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018