Heiwa Corporation Announces Consolidated Financial Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020; Provides Second Quarter and Year End Dividend Guidance for the Fiscal 2020
For the year ending March 31, 2020, the company expects net sales to be JPY 155,700 million. Operating income is expected to be JPY 28,600 million. Ordinary income is expected to be JPY 27,700 million. Profit attributable to owners of parent is expected to be JPY 18,000 million. Earnings per share are expected to be JPY 182.48 per share.
The company also provided second quarter and year end dividend guidance for the fiscal 2020. For the second quarter, the company expects dividend of JPY 40.00 per share compared to JPY 40.00 per share a year ago.
For the year end, the company expects dividend of JPY 40.00 per share compared to JPY 40.00 per share a year ago.