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8103 Meiwa News Story

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Basic MaterialsConservativeSmall CapNeutral

Table: Meiwa Trading - 6-MTH group results

Nov 8 (Reuters)-  
             Meiwa Trading Co Ltd  
             CONSOLIDATED FINANCIAL HIGHLIGHTS  
     (in billions of yen unless specified)                 
                 6 months ended      6 months ended       Year to  
                Sep 30, 2017        Sep 30, 2016     Mar 31, 2018  
                   LATEST             YEAR-AGO          LATEST     
                   RESULTS             RESULTS         FORECAST    
  Sales             65.98               63.37           151.00     
                 (+4.1 pct)          (-5.6 pct)       (+12.0 pct)  
  Operating        704 mln             863 mln            2.00     
                 (-18.4 pct)         (-10.9 pct)      (-12.3 pct)  
  Recurring          1.15                1.31             2.60     
                 (-12.7 pct)         (-4.1 pct)       (-14.7 pct)  
  Net              818 mln               1.14             1.80     
                 (-28.4 pct)         (+8.8 pct)       (-21.6 pct)  
  EPS             19.59 yen           27.38 yen        43.10 yen   
  Ann Div                             8.00 yen         8.00 yen    
  -Q2 div            NIL                 NIL                       
  -Q4 div                             8.00 yen         8.00 yen    
   
  NOTE - Meiwa Trading Co Ltd.  
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=8103.T  
  ((Tokyo Headline News Desk +813 6441 1812))

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