Toto Logs Higher Fiscal H1 Net Profit; Net Sales Up

MT Newswires Live10-30 16:21

Toto (TYO:5332) posted 21.3 billion yen in profit attributable to owners of the parent for the fiscal first half compared with 8.79 billion yen a year ago.

EPS was 129.59 yen, compared with 52.64 yen a year earlier, according to a Tokyo Stock Exchange filing on Friday.

For the six months ended Sept. 30, net sales were 364.7 billion yen versus 349.4 billion yen previously, the Japanese bathroom fixtures maker said.

The company plans to pay an interim dividend of 60 yen per share, payable on Dec. 1. Toto plans to pay a year-end dividend of 60 yen per share for the current year, unchanged from a year ago.

In a separate filing, the company maintained its full-year attributable profit forecast at 46 billion yen but lowered basic EPS to 279.71 yen from 279.78 yen and revenue to 775 billion yen from 785 billion yen.

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