Hulic's Profit Climbs 5.6% in Q1

MT Newswires Live18:42

Hulic's (TYO:3003) profit attributable to owners of the parent rose 5.6% to 18.1 billion yen in the first quarter from 17.2 billion yen a year earlier.

The real estate and insurance company's earnings per share increased to 23.89 yen from 22.57 yen a year ago, according to a Tokyo bourse filing on Monday.

Net sales jumped 45% to 226.8 billion yen in Q1 from 156.6 billion yen in the prior-year period.

For the full year, the company expects attributable profit of 121 billion yen and EPS of 159.41 yen.

Hulic plans to pay interim and year-end dividends of 33.50 yen per share each for the year, which is higher than the amount paid the previous year

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