Arealink Co.,Ltd. Reports Non Consolidated Earnings Outlook for the Year Ended December 31, 2013; Provides Earnings Outlook for the First Half and Full Year of 2014; Provides Dividend Outlook for Fourth Quarter of 2014
February 16, 2014 at 05:32 pm IST
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Arealink Co.,Ltd. reported non consolidated earnings outlook for the year ended December 31, 2013. For the period, the company's operating revenues were ¥12,256 million against ¥10,124 million a year ago. Operating income was ¥1,505 million against ¥1,165 million a year ago. Ordinary income was ¥1,433 million against ¥1,075 million a year ago. Net income was ¥1,346 million against ¥948 million a year ago. Net income per share was ¥10.97 against ¥7.72 a year ago. ROE was 11.6% against 9.1% a year ago. Cash flows from operating activities were ¥1,014 million against ¥443 million a year ago.
For the fourth quarter of 2014, the company expects dividend of ¥2.80 per share.
For the fiscal year ending December 31, 2014, the company expects operating revenues of ¥13,651 million, operating income of ¥1,863 million, ordinary income of ¥1,701 million and net income of ¥1,500 million or ¥12.22 per share.
For the six months of fiscal 2014, the company expects operating revenues of ¥6,845 million, operating income of ¥969 million, ordinary income of ¥891 million and net income of ¥787 million or ¥6.41 per share.
Arealink Co., Ltd. is mainly engaged in the provision leasing services of storage space. The Company operates in two business segments. The Real Estate Operation Service segment is involved in the provision of storage space, the setting of containers, the parking lot business, the lease, maintenance and management of secondhand real estate including offices, stores, dwelling houses and hotels, the provision of small offices, among other businesses. The Real Estate Revitalization and Liquidation Service segment adds value to its purchased real estate properties by conducting renovation works to the buildings, and sells the properties to investors.
Arealink Co.,Ltd. Reports Non Consolidated Earnings Outlook for the Year Ended December 31, 2013; Provides Earnings Outlook for the First Half and Full Year of 2014; Provides Dividend Outlook for Fourth Quarter of 2014