Resorttrust, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
August 07, 2019
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Resorttrust, Inc. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, Net Sales were JPY 39,258 million against JPY 39,897 million a year ago. Operating income was JPY 2,442 million against JPY 2,143 million a year ago. Net income was JPY 1,492 million against JPY 1,380 million a year ago. Basic net income per share was JPY 13.95 against JPY 12.92 a year ago. Diluted net income per share fully diluted was JPY 12.81 against JPY 11.86 a year ago.
For the full year ending March 31, 2020, the company expects to report, net sales of JPY 171,400 million, operating income of JPY 16,000 million, ordinary income of JPY 16,000 million and net income of JPY 10,000 million.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.
Resorttrust, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Full Year Ending March 31, 2020
RESORTTRUST, INC. 
