Daito Trust Construction Co. Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
April 27, 2016
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Daito Trust Construction Co. Ltd. announced consolidated earnings results for the year ended March 31, 2016. For the year, the company reported total sales of JPY 1,411,643 million against JPY 1,353,155 million a year ago. Operating profit was JPY 101,001 million against JPY 91,520 million a year ago. Ordinary profit was JPY 105,558 million against JPY 95,887 million a year ago. Net profit was JPY 67,279 million against JPY 56,109 million a year ago. Cash flows from operating activities were JPY 78,822 million against JPY 59,401 a year ago. BPS was JPY 3,243.97 against JPY 3,060.84 a year ago.
For the year ending March 31, 2017, the company expects total sales of JPY 1,498,000 million, operating profit of JPY 107,000 million, ordinary profit of JPY 111,000 million and net profit of JPY 74,500 million.
Daito Trust Construction Co Ltd is a Japan-based company mainly engaged in real estate-related business. The Company operates through three business segments. The Construction segment is engaged in the planning, design and construction of contracted works. The Real Estate segment is engaged in the brokerage, management and leasing of real estates, the provision of real estate information and guarantor contract business. The Financial segment is involved in the construction loan business, trust business, consulting business related to asset succession and asset management, and fire reinsurance business. It is also engaged in the sale of fuel (LP gas), operation of day service centers and childcare facilities, provision of home-visit nursing care services, sale and supply of electricity, operation of overseas hotel businesses, and the ship and print of documents.
Daito Trust Construction Co. Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017