Financial Products Group Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ending March 31, 2024 and Full Year Ending September 30, 2024
March 22, 2024 at 03:30 am EDT
Share
Financial Products Group Co., Ltd. revised consolidated earnings guidance for the six months ending March 31, 2024 and full year ending September 30, 2024. For the six months, the company expects revised net sales of JPY 50,000 million, operating income of JPY 14,800 million, profit attributable to owners of parent of JPY 10,800 million and net income per share of JPY 126.46 compared to previously expected net sales of JPY 36,350 million, operating income of JPY 9,500 million, profit attributable to owners of parent of JPY 6,600 million and net income per share of JPY 77.28.
For the full year, the company expects revised net sales of JPY 78,200 million, operating income of JPY 20,800 million, profit attributable to owners of parent of JPY 15,000 million and net income per share of JPY 175.64 compared to previously expected net sales of JPY 72,700 million, operating income of JPY 19,000 million, profit attributable to owners of parent of JPY 13,200 million and net income per share of JPY 154.56.
Financial Partners Group Co Ltd is a Japan-based company mainly engaged in fund and financial services business and aviation services business. The Company operates through two business segments. The Funds and Financial Services Business segment is engaged in leasing fund business, real estate fund business, insurance business, mergers and acquisitions (M&A) business, private equity business, trust business, securities business, real estate leasing business and others. The Aviation Services Business segment operates as an air transport operator and an aerial user operator, primarily engaged in passenger transportation and other businesses. The Company also operates private jet business through subsidiaries.
Financial Products Group Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ending March 31, 2024 and Full Year Ending September 30, 2024