Nakabohtec Corrosion reports FY parent net profit rise
Updated
Updated · MarketWatch · May 11
Nakabohtec Corrosion reports FY parent net profit rise
3 articles · Updated · MarketWatch · May 11
For the year ended 31 March, net profit rose to Y1.19 billion from Y1.05 billion, while revenue edged up to Y14.90 billion from Y14.73 billion.
Operating profit fell to Y1.31 billion from Y1.46 billion and pretax profit slipped to Y1.38 billion from Y1.50 billion, despite higher earnings per share of Y482.51.
The Japan-based company proposed a year-end dividend of Y335 per share, up from Y300, with results prepared under Japanese accounting standards and future dividends treated as forecasts.
With Japan's infrastructure boom, why does Nakabohtec forecast rising sales but falling profits?
Can Nakabohtec's growth survive rising costs and renewed geopolitical trade risks?