Chugai Pharmaceutical Co Ltd (OTCPK:CHGCY)
$ 22.22 0.21 (0.95%) Market Cap: 72.44 Bil Enterprise Value: 67.02 Bil PE Ratio: 27.83 PB Ratio: 6.20 GF Score: 85/100

Q3 2019 Chugai Pharmaceutical Co Ltd Earnings Call Transcript

Oct 24, 2019 / 09:00AM GMT
Release Date Price: $13.65 (+5.65%)
Toshiaki Itagaki
Chugai Pharmaceutical Co., Ltd. - EVP, CFO and GM of Finance Supervisory Division, Finance & Accounting Dept.

Good evening, ladies and gentlemen. I am Toshiaki Itagaki of Chugai Pharmaceutical Co., Ltd. Thank you very much for joining us for this conference call at this late hour. I hope you will stay with us until the end.

Please take a look at Page 2, which is a 1-page summary of the financial results. We have achieved a double-digit growth, both in revenues and profits, significantly exceeding the previous year's results, posting record highs as Q3 performances in revenues, operating profit and net income.

Revenues reached JPY 508.9 billion, topping the JPY 500 billion mark in 9 months for the first time ever. Operating profit recorded JPY 171.1 billion, which was the highest ever, even compared to any past full year's results with operating margin at 33.6%. The net income was JPY 124.5 billion, exceeding JPY 100 billion for the first time, even for a full year's figure.

Both operating profit and EPS have already overachieved our original full year

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