Nagoya Railroad Co., Ltd. Provides Consolidated Earnings Guidance for the Six-Month Ending September 30, 2023 and Fiscal Year Ending March 31, 2024
August 09, 2023 at 02:12 am EDT
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Nagoya Railroad Co., Ltd. provided consolidated earnings guidance for the six-month ending September 30, 2023 and fiscal year ending March 31, 2024. For the six-month ending September 30, 2023, the company expects Operating revenues of JPY 283,000 million, Operating income of JPY 12,500 million, Profit attributable to owners of the parent to be JPY 10,000 million and Net income per share-basic of JPY 50.88.
For the fiscal year ending March 31, 2024, the company expects Operating revenues of JPY 588,000 million, Operating income of JPY 26,500 million, Profit attributable to owners of the parent to be JPY 21,000 million and Net income per share-basic of JPY 106.85.
Nagoya Railroad Co., Ltd. is mainly engaged in the provision of transportation services. The Company operates through five business segments. The Traffic segment provides rail, bus, taxi passenger transportation services. The Transportation segment is engaged in trucking and marine transportation services. The Real Estate segment is engaged in the leasing and sales of real estate. The Leisure Service segment is engaged in the hotel, tourism, sightseeing facilities and advertising agency businesses. The Distribution segment is engaged in the department store and other retail businesses. The others business is engaged in the maintenance and construction of facilities, the airline business, the information processing business, the construction business, as well as the provision of information management and insurance services.