ZAOH Company, Ltd. Announces Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2019
May 09, 2018
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ZAOH Company, Ltd. announced earnings results for the year ended March 31, 2018. For the year, the company reported sales of JPY 7,200 million against JPY 6,944 million a year ago. Operating income was JPY 1,173 million against JPY 1,073 million a year ago. Recurring income was JPY 1,196 million against JPY 1,115 million a year ago. Net income was JPY 783 million or JPY 125.07 per share against JPY 761 million or JPY 121.56 a year ago. Return on equity was 7% against 7% a year ago. Net asset per share was JPY 1,827.31 against JPY 1,759.19 a year ago. Cash flow from operating activities was JPY 822 million against JPY 931 million a year ago.
For the first six months ended September 30, 2018, on consolidated basis, the company now expects to report net sales of JPY 3,495 million, operating income of JPY 539 million, recurring income of JPY 547 million and net income of JPY 363 million or JPY 58.08 per share.
For full year ended March 31, 2019, on consolidated basis, the company now expects to report net sales of JPY 7,470 million, operating income of JPY 1,180 million, recurring income of JPY 1,196 million and net income of JPY 794 million or JPY 126.77 per share.
ZAOH COMPANY, LTD. is a company mainly engaged in the import and sale of industrial and office cleaning and washing equipment. The Company is primarily engaged in the import and sale of cleaning equipment, including power driven cleaning machines, vacuum cleaners, carpet cleaners, as well as dust and ice removal cleaners; washing equipment, including automated floor scrubbers, carpet maintenance equipment, high pressure cleaners and steam cleaners. Through its subsidiary, the Company is also engaged in the sale of water purification agent for pools and bathhouses of sports facility and hotels, as well as electromagnetic servers and room supplies for business hotels.
ZAOH Company, Ltd. Announces Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2019