Senshu Electric's Attributable Profit Jumps 21% in Fiscal Nine Months
Senshu Electric's (TYO:9824) profit attributable to owners of the parent jumped 20.7% to 5.38 billion yen in the fiscal nine months ended July 31, from 4.46 billion yen a year ago as higher sales were bolstered by extraordinary income.
The company said earnings per share rose to 306.36 yen from 250.69 yen a year ago, according to a filing last Thursday.
Net sales gained 6.8% to 99.2 billion yen from 92.9 billion yen a year earlier.
It forecasted attributable profit to grow 18.2% to 7 billion yen or 401.47 yen per share and net sales to gain 5.6% to 132 billion yen for the fiscal year ending Oct. 31.
The company expects to pay a year-end dividend of 65 yen per share for the current fiscal year.
Senshu Electric's shares gained nearly 3% at the market close.
Price (JPY): $4625.00, Change: $+130, Percent Change: +2.78%
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