Mitsui Fudosan 9-month Profit Rises; Lifts Earnings Guidance

(RTTNews) – Mitsui Fudosan Co. (MTSFY.PK) announced that its nine-month profit attributable to owners of the parent company increased to 166.4 billion yen from 147.1 billion yen a year earlier. Operating profit increased to 245.2 billion yen from 213.3 billion yen. For the nine-month period, operating revenue increased to 1.70 trillion yen from 1.63 trillion yen a year ago.

For fiscal 2023, the company now expects profit attributable to owners of the parent company of 220.0 billion yen, revised from the previous forecast of 215.0 billion yen.

The company decided to revise its annual dividend forecast upwards by 2.00 yen, from 70.00 yen to 72.00 yen. The year-end dividend forecast was also revised upward by 2.00 yen, from 35.00 yen to 37.00 yen.

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