DCM's Fiscal Q1 Profit Climbs 11%

MT Newswires Live14:13

DCM's (TYO:3050) profit attributable to owners of the parent rose 11.5% to 6.55 billion yen for the three months ended May 31 from 5.88 billion yen a year earlier, according to a Tokyo bourse filing on June 26.

The hardware store company's basic earnings per share jumped to 47.75 yen from 43.90 yen a year ago.

Operating revenues were up 9.8% to 151.94 billion yen from 138.32 billion yen in the prior year.

For the fiscal year 2027, the company expects attributable profit of 17.4 billion yen, basic EPS of 125.71 yen, and operating revenues of 577.3 billion yen.

DCM plans to pay interim and year-end dividends of 24 yen per share each for the year, which is higher than the amount paid in the year-ago period.

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