HotLand Co.,Ltd. reported consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the group reported net sales of ¥8,315 million, operating income of ¥579 million, ordinary income of ¥551 million and net income attributable to owners of parent of ¥337 million or ¥18.25 per diluted share compared to net sales of ¥8,105 million, operating income of ¥355 million, ordinary income of ¥321 million and net income attributable to owners of parent of ¥95 million or ¥5.11 per diluted share reported in the same period last year.

For the fiscal year ending December 31, 2019, the company expected to report net sales of ¥32,400 million, operating income of ¥1,620 million, ordinary income of ¥1,520 million and net income attributable to owners of parent of ¥650 million or ¥35.20 per diluted share.