Fukuoka Financial Group, Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year of Fiscal 2020
May 13, 2019 at 07:00 am
Share
Fukuoka Financial Group, Inc. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported ordinary income of JPY 246,112 million against JPY 237,572 million a year ago. Operating profit was JPY 74,093 million against JPY 71,636 million a year ago. Net income attributable to owners of the company was JPY 51,649 million against JPY 49,369 million a year ago. Net income per share was JPY 300.71 against JPY 287.42 a year ago.
For the fiscal year ending March 31, 2020, the company expects ordinary profit of JPY 60,500 million, and net income attributable to owners of the company of JPY 158,500 million or JPY 833.73 per share.
For the half year of fiscal year ending March 31, 2020, the company expects ordinary profit of JPY 33,000 million, and net income attributable to owners of the company of JPY 140,000 million or JPY 736.42 per share.
Fukuoka Financial Group is a holding company organized around 2 areas of activity:
- bank: loans granting, factoring, intervention on the exchange markets, etc.;
- other: recovery services, leasing and securities services, granting and management of credit cards, etc.
At the end of March 2019, the group managed YEN 14,059.8 billion of current deposits and YEN 12,994.2 billion of current credits.
Fukuoka Financial Group, Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Earnings Guidance for the Half Year and Full Year of Fiscal 2020