Tokyu Logs Higher Period Profit in Fiscal H1; Operating Revenue Up

MT Newswires Live11-10 15:53

Tokyu (TYO:9005) logged 58.5 billion yen in profit attributable to owners of the parent for the fiscal first half compared with 56.2 billion yen a year ago.

Basic net income per share was 103.63 yen, compared with 98.14 yen a year earlier, according to a Tokyo Stock Exchange filing on Tuesday.

For the six months ended Sept. 30, operating revenue was 540.1 billion yen versus nearly 519 billion yen previously, the railway and real estate conglomerate said.

The company declared an interim dividend of 16 yen per share, payable from Dec. 7.

Tokyu plans to pay a year-end dividend of 16 yen per share each for the current year, which is unchanged from the year-ago period.

In a separate filing, the company kept its attributable profit forecast unchanged at 90 billion yen but raised EPS to 160.56 yen from 158.15 yen.

Revenue guidance was cut to 1.135 trillion yen from 1.14 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