PAL Group Holdings' (TYO:2726) profit attributable to owners of the parent dropped 13.5% to 8.96 billion yen in the fiscal nine months ended Nov. 30, 2024, from 10.4 billion yen a year ago.
The retailer said basic earnings per share fell to 103.21 yen from 118.55 yen a year ago, according to a Jan. 14 filing.
Net sales gained 7% to 152.5 billion yen from 142.5 billion yen a year earlier.
PAL Group forecasted attributable profit to grow 15.4% to 14.8 billion yen or 170.69 yen per share and net sales to gain 8.7% to 209.2 billion yen for the fiscal year ending Feb. 28.
The company expects to pay a year-end dividend of 60 yen per share for the current fiscal year.
Shares of the company gained over 2% in recent trade.
Price (JPY): $3365.00, Change: $+85, Percent Change: +2.59%
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