The Towa Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025
May 08, 2024
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The Towa Bank, Ltd. provided consolidated and non-consolidated earnings guidance for the six months ending September 30, 2024 and year ending March 31, 2025. For the six months, on consolidated basis, the company expects ordinary profit to be JPY 1,000 million, profit attributable to owners of parent to be JPY 750 million or JPY 20.26 per share.
For the year, on consolidated basis, the company expects ordinary profit to be JPY 2,000 million, profit attributable to owners of parent to be JPY 1,500 million or JPY 40.53 per share.
For the six months, on non-consolidated basis, the company expects ordinary profit to be JPY 1,000 million, profit to be JPY 750 million or JPY 20.26 per share.
For the year, on non-consolidated basis, the company expects ordinary profit to be JPY 2,000 million, profit to be JPY 1,500 million or JPY 40.53 per share.
Towa Bank Ltd is mainly engaged in financial services related business, such as the banking business. The Banking segment is engaged in the provision of banking services including deposit business, loan business, domestic exchange business and foreign exchange business, and the provision of integrated financial services to local communities through the head office, branches and ministries. The Bank also provides leasing services, and credit card business though its consolidated subsidiaries.
The Towa Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025