Daito Trust Construction Co. Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
January 28, 2016
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Daito Trust Construction Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported total sales of JPY 1,049,688 million against JPY 991,261 million a year ago. Operating income was JPY 87,733 million against JPY 75,401 million a year ago. Ordinary income was JPY 91,061 million against JPY 78,456 million a year ago. Net income was JPY 59,924 million against JPY 50,241 million a year ago. Cash flows used in operating activities was JPY 19,676 million against JPY 32,756 a year ago.
For the year ending March 31, 2016, the company expects total sales of JPY 1,431,300 million, operating income of JPY 93,000 million, ordinary income of JPY 97,500 million and net income of JPY 63,300 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 Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016