Hoosiers Holdings Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 05, 2021 at 03:00 am
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Hoosiers Holdings announced consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 9,585 million against JPY 10,346 million a year ago. Operating profit was JPY 19 million against loss of JPY 173 million a year ago. Loss was JPY 127 million or JPY 5.49 per share against loss of JPY 374 million or JPY 6.45 per share a year ago.
Hoosiers Holdings is a Japan-based holding company. The Company operates in five business segments. The Real Estate Sales segment is engaged in the subdivision and sale of apartments for families, urban redevelopment projects and planning and sales of compact condominium business. The Detached / Apartment segment plans and sells detached houses mainly in the Tokyo metropolitan area, and is also working on apartment development projects utilizing detached lands. The Real Estate Investment segment is engaged in holding and trading real estate for profit, classification resale business based on real estate leasing management project. The Real Estate related Business segment provides management service for condominiums. In the Other segment, it plans and manages the PFI project.