Life's Full-Year Profit Rises 4.9%

MT Newswires Live04-09 18:48

Life's (TYO:8194) profit attributable to owners of the parent rose 4.9% to 18.8 billion yen for the fiscal year ended Feb. 28 from 17.9 billion yen a year earlier.

The supermarket chain operator's basic earnings per share increased to 217.56 yen from 195.11 yen a year ago, according to a Tokyo bourse filing on Thursday.

Operating revenue edged up 3.6% to 881.3 billion yen from 850.5 billion yen in the prior year.

In a separate filing, Life increased its year-end dividend to 33 yen per share, payable on May 29, from 32.50 yen planned earlier, citing better-than-expected results and payout policies.

For the fiscal year ending Feb. 28, 2027, the company expects an attributable profit of 19 billion yen, EPS of 219.61 yen, and operating revenue of 922.5 billion yen.

Life plans to pay interim and year-end dividends of 35 yen per share, each, for the year, which is higher than the 32.50 yen interim and 33.00 yen year-end dividends paid in the prior-year period.

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