Tokyu Construction Co Ltd (1720.T)

1720.T on Tokyo Stock Exchange

23 Mar 2018
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TOKYU CONSTRUCTION raises consolidated full-year outlook and year-end dividend forecast for FY 2016
Monday, 25 Apr 2016 

TOKYU CONSTRUCTION CO LTD:Says the company increased the consolidated full-year outlook for revenue to 296,300 million yen from 292,000 million yen for FY ended March 2016.Operating profit forecast increased to 18,100 million yen from 14,400 million yen.Ordinary profit forecast increased to 19,700 million yen from 15,400 million yen.Net profit forecast increased to 13,100 million yen from 10,300 million yen.Earnings per share increased to 122.75 yen from 96.51 yen.Comments the increased income from completed construction is the main reason for the forecast.Raised year-end dividend forecast to 20 yen per share from 15 yen per share for FY ended March 2016.  Full Article