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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.