Advanex Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
Advanex Inc. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the consolidated company reported net sales of ¥15,151 million, operating income of ¥199 million, ordinary income of ¥245 million, net income of ¥103 million or net income per diluted share of ¥25.15 compared to net sales of ¥13,248 million, operating income of ¥168 million, ordinary income of ¥236 million, net income of ¥81 million or net income per diluted share of ¥19.80 for the same period last year. Net income before income taxes was ¥250.726 million compared to ¥235.834 million a year ago.
For the fiscal year ending March 31, 2018, the company expects on consolidated basis net sales of ¥20,000 million, operating income of ¥400 million, ordinary income of ¥380 million, and net income of ¥240 million or net income per share of ¥58.82.