MCUBS MidCity Investment Corporation Reports Consolidated Earnings Results for the Second Six Months Ended June 30, 2017; Provides Earnings Guidance for the First Half Year Ending December 31, 2017 and Second Half Year Ending June 30, 2018; Provides Distribution Guidance for the First Half Year Ending December 31, 2017 and Second Half Year Ending June 30, 2018; Announces Distribution for the Second Six Months Ended June 30, 2017, Payable on September 15, 2017
The company provided earnings guidance for the first half year ending December 31, 2017 and second half year ending June 30, 2018. For the first half ending December 31, 2017, the company expects operating revenue of JPY 7,615 million, operating income of JPY 2,973 million, ordinary income of JPY 2,388 million, net income of JPY 2,387 million and JPY 8,050 per unit.
For the second half year ending June 30, 2018, the company expects operating revenue of JPY 7,451 million, operating income of JPY 2,970 million, ordinary income of JPY 2,403 million, net income of JPY 2,402 million and JPY 8,100 per unit.
The company announced distribution of JPY 7,900 per unit for the six months ended June 30, 2017. Scheduled date for distributions payment is September 15, 2017.
For the first half year ending December 31, 2017, the company expects distributions per unit of JPY 8,050.
For the second half year ending June 30, 2018, the company expects distributions per unit of JPY 8,100.