Otsuka Logs Higher Nine-Month Net Profit; Net Sales Up

MT Newswires Live10-30 15:57

Otsuka (TYO:4768) posted 49.8 billion yen in profit attributable to owners of parent for the nine months, compared with 46.5 billion yen a year ago.

Basic EPS was 131.27 yen, compared with 122.71 yen a year earlier, according to a Tokyo Stock Exchange filing on Friday.

For the nine months ended Sept. 30, net sales were 1.094 trillion yen versus 1.006 trillion yen previously, the Japanese IT solutions company said.

Otsuka plans to pay a year-end dividend of 50 yen per share for the current year, which is higher than the year-ago period.

For the year ending Dec. 31, the company expects attributable profit of 64.9 billion yen, basic EPS of 171.15 yen, and net sales of 1.379 trillion yen.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment