Nankai Electric Railway Co., Ltd. Provides Earnings Guidance for the Interim Period Ended September 2023 and for the Full Year Ended March 31, 2024
August 01, 2023 at 01:00 am EDT
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Nankai Electric Railway Co., Ltd. provided earnings guidance for the interim period ended September 2023 and for the full year ended March 31, 2024. For the interim period, the company expects operating revenues to be JPY 119,400 million, operating profit to be JPY 9,900 million, profit attributable to owners of parent to be JPY 6,300 million and basic earnings per share to be JPY 55.64.
For the full year, the company expects operating revenues to be JPY 253,900 million, operating profit to be JPY 24,300 million, profit attributable to owners of parent to be JPY 18,200 million and basic earnings per share to be JPY 160.74.
Nankai Electric Railway Co., Ltd. is primarily engaged in the transportation business. The Company has six business segments. Nankai Electric Railway Co., Ltd. is primarily engaged in the transportation business. The Company has six business segments. The Real Estate segment is engaged in the leasing and sale of real estate. The Distribution segment is engaged in the operation of shopping centers, station business and others. The Leisure Service segment is engaged in the amusement park business, the tour business, the hotel business, the boat race facility leasing business, the building management and maintenance business, funeral business and others. The Construction segment is engaged in building construction works. The Others segment is involved in the accounting and information processing businesses, among others.