Daito Trust Construction Co. Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2012.; Provides Earnings Guidance for the Year Ending March 31, 2013
January 30, 2013
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Daito Trust Construction Co. Ltd. announced earnings results for the nine months ended December 31, 2012. For the period, the company reported total sales of JPY 819,226 million compared to JPY 769,737 million a year ago. Operating income was JPY 54,179 million compared to JPY 54,139 million a year ago. Ordinary income was JPY 56,378 million compared to JPY 55,688 million a year ago. Net income was JPY 34,351 million compared to JPY 31,511 million a year ago. Cash flows from operating activities were JPY 7,731 million compared to JPY 9,982 million a year ago.
For the year ending March 31, 2013, the company expects total sales of JPY 1,166,900 million, operating income of JPY 84,000 million, ordinary income of JPY 86,500 million and net income of JPY 51,200 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 Earnings Results for the Nine Months Ended December 31, 2012.; Provides Earnings Guidance for the Year Ending March 31, 2013