Resorttrust, Inc. Reiterates Earnings Guidance for the Fiscal Year Ending March 31, 2024
August 10, 2023 at 03:30 am EDT
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Resorttrust, Inc. reiterated earnings guidance for the fiscal year ending March 31, 2024. This is in line with the upwardly revised plan announced on July 14, which calls for JPY 201 billion in net sales, JPY 19 billion in operating income, and JPY 14 billion in net income. There is currently no change to the current year's target in the form of record highs in terms of sales, operating profit and ordinary income.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.
RESORTTRUST, INC. 
