logo
  

Daiichi Sankyo 9-month Profit Rises, Revenues Down; Backs FY Forecast

Japanese pharmaceuticals company Daiichi Sankyo Co. Ltd. (DSKYF.PK) reported Thursday that its profit attributable to owners of the company increased 8.5 percent to 78.80 billion Japanese yen from last year's 72.60 billion yen. Earnings per share were 121.37 yen, higher than 109.30 yen a year ago.

Profit before tax edged up 0.2 percent year on year to 97.96 billion yen. Operating profit grew 4.1 percent to 97.08 billion yen.

Revenue, meanwhile, decreased 5.1% to 703.08 billion yen from 741.05 billion yen a year ago.

Looking ahead to fiscal year 2019, Daiichi Sankyo continues to projects revenues of 910 billion yen, operating profit of 78 billion yen, and profit attributable to owners of 55 billion yen.

From last year, revenues would be down 5.2 percent, operating profit would be up 2.3 percent and attributable profit would be down 8.8 percent.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Goldman Sachs Group, Inc. (GS) reported that its third quarter net earnings applicable to common shareholders increased 63 percent year-on-year. Net revenues were also significantly higher reflecting significantly higher net revenues in Investment Banking, Global Markets and Consumer & Wealth Management,... Butterball, LLC recalled about 14,107 pounds of ground turkey products for potential contamination with foreign materials, specifically blue plastic material, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said in a statement. Specialized Bicycle Components, Inc. is recalling about 6,900 units of Tarmac SL7 Bicycles and Framesets for potential risk of fall and injury hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the bicycle's fork steerer tube can crack or break after harsh impact such as hitting a deep pothole or other stress event, posing fall and injury hazards.
Follow RTT