Arealink Co., Ltd. Announces Unconsolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Forecast for the Fiscal Year Ending December 31, 2017
August 01, 2017 at 04:17 pm
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Arealink Co., Ltd. announced unconsolidated earnings results for the six months ended June 30, 2017. For the period, the company reported operating Revenue was ¥10,394 million against ¥8,850 million a year ago. Operating income was ¥1,274 million against ¥1,223 million a year ago. Ordinary income was ¥1,300 million against ¥1,244 million a year ago. Net income was ¥857 million against ¥788 million a year ago. Net income per share was ¥69.9 million against ¥64.27 million a year ago. Net cash used in operating activities was ¥193,846 million against net cash provided by operating activities of ¥536,677 million a year ago. Purchase of noncurrent assets was ¥496,775 million against ¥524,974 million a year ago. Purchase of intangible assets was ¥27,464 million against ¥28,772 million a year ago.
For the year ending December 31, 2017. The company forecast net sales of ¥19,447 million, operating income of ¥2,354 million, ordinary income of ¥2,320 million, net income of ¥1,416 million, net income per share of ¥115.45 diluted per share.
The company provides dividend forecast for the fiscal year ending December 31, 2017. For the fiscal year, the company forecast dividend of ¥40 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. Announces Unconsolidated Earnings Results for the Six Months Ended June 30, 2017; Provides Earnings Guidance for the Year Ending December 31, 2017; Provides Dividend Forecast for the Fiscal Year Ending December 31, 2017