Tosei's Attributable Profit Jumps 14% in Fiscal 2024

MT Newswires Live
14 Jan

Tosei's (TYO:8923) profit attributable to owners of the parent jumped 14.2% to nearly 12 billion yen in the fiscal year ended Nov. 30, from 10.5 billion yen a year ago as enhanced revenue was further bolstered by lower costs.

The real estate company said earnings per share (EPS) rose to 247.23 yen from 219.32 yen a year ago, according to a Jan. 10 filing.

Revenue gained 3.5% to 82.2 billion yen from 79.4 billion yen a year earlier.

It forecasted attributable profit to grow 6.9% to 12.8 billion yen or 264.27 yen per share and revenue to gain 24.2% to 102.1 billion yen for the fiscal year ending Nov. 30, 2025.

It declared a year end dividend of 79 yen per share, payable from Feb. 27.

The company expects to a year-end dividend of 89 yen per share for the current fiscal year.

Tosei's shares gained shed over 2% recently.

Price (JPY): $2360.00, Change: $-58, Percent Change: -2.40%

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