UACJ Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 1, 2017; Provides Dividend Guidance for the Year Ending 31 March, 2018
November 01, 2017
Share
UACJ Corporation reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 301,854 million, operating income of JPY 15,794 million, ordinary income of JPY 12,800 million and net income attributable to owners of the parent of JPY 6,860 million or JPY 142.16 per share as compared to net sales of JPY 278,863 million, operating income of JPY 10,394 million, ordinary income of JPY 7,389 million and net income attributable to owners of the parent of JPY 2,166 million or JPY 50.65 per share for the same period a year ago. Income before income taxes was JPY 12,597 million compared to JPY 6,516 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year ending March 31, 2018, the company expects net sales of JPY 630,000 million, operating income of JPY 36,000 million, ordinary income of JPY 30,000 million and net income attributable to owners of the parent of JPY 17,000 million or JPY 352.27 per share.
The company announced second quarter dividend of JPY 3.00 per share against JPY 3.00 per share a year ago, payable on December 1, 2017.
For the year ending 31 March, 2018, the company expects year-end dividend of JPY 30.00 per share against JPY 3.00 per share a year ago.
UACJ Corporation is principally engaged in the manufacture and sale of aluminum rolled products. The Company operates in three business segments. The Aluminum Rolled Products segment manufactures and sells rolled plate products, foil products, extruded products, cast products and forged products of aluminum and its alloys. The Copper Products segment manufactures and sells copper pipes, copper alloy pipes and their joints. The Processed Products and Related segment is engaged in manufacturing and sale of processed products such as aluminum and copper, contracting civil engineering works, and the freight transportation and handling related to the group's business.
UACJ Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 1, 2017; Provides Dividend Guidance for the Year Ending 31 March, 2018