Kanematsu Engineering First-Half Net Profit Falls to ¥377 Million

Kanematsu Engineering reported parent net profit of ¥377 million for the half-year ended September 30, down from ¥525 million a year earlier, as revenue and profits also declined, according to results prepared under Japanese accounting standards.

Today, 09:59· Money Talk· 282 reads

Kanematsu Engineering First-Half Net Profit Falls to ¥377 Million

Revenue fell to ¥6.85 billion from ¥7.21 billion. Operating profit was ¥575 million, compared with ¥734 million, while pretax profit declined to ¥580 million from ¥744 million. Earnings per share were ¥77.11, down from ¥107.46.

The company reported no first-quarter or midyear dividend in either period. Its year-end dividend was ¥52 per share, compared with ¥74 a year earlier, and the annual dividend was also ¥52 versus ¥74. Future-period dividends are forecasts.

Kanematsu Engineering First-Half Net Profit Falls to ¥377 Million

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