The Gunma Bank, Ltd. Provides Consolidated Earnings Guidance for the First Half Year Ending September 30, 2020 and Full Year Ending March 31, 2021
August 03, 2020 at 07:30 am
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The Gunma Bank, Ltd. provided consolidated earnings guidance for the first half year ending September 30, 2020 and full year ending March 31, 2021. For the first half, the company expects ordinary profit of JPY 12,700 million, profit attributable to owners of parent of JPY 9,500 million or basic earnings per share of JPY 22.65.
For the full year, the company expects ordinary profit of JPY 28,500 million, profit attributable to owners of parent of JPY 20,500 million or basic earnings per share of JPY 48.87.
Gunma Bank Ltd is a Japan-based regional bank that operates in two business segments. The Banking Business segment is engaged in deposit and lending operations as well as securities investment, domestic and foreign exchange, over-the-counter sales of public bonds, investment trusts, and insurance products, and trust services, to provide financial products and services to local customers. The segment is also engaged in lending and other banking services. The Leasing segment is engaged in the provision of financial services, including leasing services, mainly to customers in the local community. The Company is also engaged in transportation of goods, maintenance of automated teller machines, securities, guarantees, management consulting, and fund formation and management.
THE GUNMA BANK, LTD. 
