Kasumigaseki Capital's Profit Soars 102% in Fiscal H1

MT Newswires Live04-02

Kasumigaseki Capital's (TYO:3498) profit attributable to owners of the parent soared 102% to 4.95 million yen for the fiscal first half from 2.45 billion yen a year earlier.

The real estate consulting firm's earnings per share increased to 217.20 yen from 122.73 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales jumped 81% in the six months ended Feb. 28 to 61.1 billion yen from 33.8 billion yen in the prior-year period.

For the fiscal year ending Aug. 31, the company expects attributable profit of 16.5 billion yen, basic EPS of 672.41 yen, and net sales of 150 billion yen.

Kasumigaseki Capital plans to pay a year-end dividend of 165.00 yen per share for the current fiscal year, which is lower than the 240.00 yen per share paid in the prior year.

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