Penta-Ocean Construction Co., Ltd. announced consolidated financial results for the six months ended September 30, 2018. For the period, the company reported net sales of JPY 244,478 million against JPY 250,796 million for the same period a year ago. Operating income was JPY 15,107 million against JPY 13,438 million for the same period a year ago. Ordinary income was JPY 15,080 million against JPY 13,690 million for the same period a year ago. Income before income taxes was JPY 15,084 million against JPY 13,754 million for the same period a year ago. Net income attributable to owners of parent was JPY 10,852 million against JPY 9,885 million for the same period a year ago. Net income per share were JPY 38.02 per share against JPY 34.59 per share for the same period a year ago. Net cash used in operating activities were JPY 10,963 million compared to net cash provided by operating activities of JPY 29,294 million for the same period a year ago. Purchase of property, plant and equipment was was JPY 2,411 million against JPY 2,129 million for the same period a year ago.

The company provided earnings guidance for the full year of the fiscal year ending March 31, 2019. For the year, the company expects net sales of JPY 570,000 million, operating income of JPY 28,500 million, ordinary income of JPY 27,500 million, profit attributable to owners of parent of JPY 18,000 million or JPY 63.07 per share.