NGK Posts Higher Fiscal H1 Attributable Net Income; Net Sales Up

MT Newswires Live10-30 16:35

NGK (TYO:5333) posted 60.80 billion yen in net income attributable to owners for the six months ended September 30, up from 23.87 billion yen a year ago.

EPS was 214.66 yen, compared with 81.58 yen a year earlier, according to a Tokyo Stock Exchange filing on Friday.

For the period, net sales were 371.31 billion yen versus 326.20 billion yen previously, the industrial ceramics manufacturer said.

The company declared a second quarter-end dividend of 63 yen, with payments starting Dec. 2.

For the fiscal year ending March 31, 2027, the company expects an attributable net income of 100 billion yen, an EPS of 354.02 yen, and net sales of 770 billion yen.

In a separate filing, the company revised its fiscal year-end dividend forecast and plans to pay a year-end dividend of 63 yen, up from the previous forecast of 53 yen for the current year.

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