Sumitomo Realty & Development Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported revenue from operations of JPY 579,438 million compared to JPY 541,043 million a year ago. Operating income was JPY 137,573 million compared to JPY 125,248 million a year ago. Profit attributable to owners of parent was JPY 93,224 million or JPY 196.70 per share compared to JPY 80,025 million or JPY 168.85 per share a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects revenue from operations of JPY 1,020,000 million, operating income of JPY 234,000 million and profit attributable to owners of parent of JPY 140,000 million.

The company announced interim dividend of JPY 16 per share for the fiscal year 2019 against JPY 14 per share paid a year ago.

For the fiscal year 2020, the company expects to pay year end dividend of JPY 16 per share against JPY 16 per share paid a year ago.