SE Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018
August 03, 2017
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SE Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥3,951 million against ¥3,287 million a year ago. Operating loss was ¥28 million against ¥212 million a year ago. Ordinary loss was ¥38 million against ¥183 million a year ago. Loss attributable to owners of parent was ¥87 million against ¥199 million a year ago. Loss per share was ¥5.82 against ¥13.36 per share a year ago. Net assets per share were ¥500.19 against ¥519.49 per share a year ago. Loss before income tax was ¥49,756 million against ¥184,953 million a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥19,500 million, operational profit of ¥746 million, ordinary profit of ¥750 million, profit attributable to owners of parent of ¥457 million or ¥30.56 per share.
For the year ending March 31, 2018, the company expects to pay dividend of ¥18.00 per share against ¥16.00 per share a year ago.
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 Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Year Ending March 31, 2018