Sotetsu Holdings, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
July 28, 2023 at 05:00 am EDT
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Sotetsu Holdings, Inc. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects operating revenue of JPY 125,900 million, operating profit of JPY 9,100 million and profit attributable to owners of parent of JPY 5,200 million or JPY 53.07 per share.
For the year ending March 31, 2024, the company expects operating revenue of JPY 272,900 million, operating profit of JPY 22,300 million and profit attributable to owners of parent of JPY 12,600 million or JPY 128.60 per share.
Sotetsu Holdings, Inc. is a Japan-based holding company mainly engaged in transportation business, distribution business and others. The Company mainly operates five business segments. Transportation segment provides railway, car business and others. Distribution segment involves in the operation of supermarkets and distribution business. Real Estate segment engages in the sale and leasing of properties. Hotel segment is engaged in the development and operation of hotels. The Others segment engages in the building maintenance business, the supply of heat and other businesses.