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BRIEF-Obic Co Ltd's pretax profit for April-Dec period projected up 4% on the year - Nikkei
January 11, 2017 / 5:25 PM / 8 months ago

BRIEF-Obic Co Ltd's pretax profit for April-Dec period projected up 4% on the year - Nikkei

Jan 11 (Reuters) - Nikkei -

* Obic Co Ltd is likely to hike its annual dividend by 5 yen per share for fiscal 2016, anticipating a record profit for the year ending in March - Nikkei

* Obic Co Ltd’s pretax profit for the April-December period is projected at just over 23 billion yen ($197 million), up 4% on the year - Nikkei

* Obic is expected to maintain FY 2016 guidance when it announces its three-quarter results Jan. 27 - Nikkei

* Obic Co Ltd's sales rose 4% to roughly 45 billion yen, according to projections for the April-December period - Nikkei Source text : (s.nikkei.com/2iGycyQ) Further company coverage:

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