Makita Posts Higher Fiscal H1 Attributable Profit; Revenue Up

MT Newswires Live10-30

Makita (TYO:6586) posted 47.9 billion yen in profit attributable to owners of the parent for the fiscal first half, up from 38.8 billion yen a year ago.

Basic earnings per share were 185.9 yen, compared with 145.8 yen a year earlier, according to a Friday filing with the Tokyo Stock Exchange.

For the six months ended September 30, revenue was 414.7 billion yen versus 378.4 billion yen previously, the power tools maker said.

The company declared an interim dividend of 79 yen per share, compared with 20 yen a year ago.

For the fiscal year ending March 31, 2027, the company expects an attributable profit of 81 billion yen, basic EPS of 314.29 yen and revenue of 820 billion yen.

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