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Hulic Reit revises interim financial estimates

Hulic Reit Inc. is projecting a rise in its financial results for the six-month period ending Feb. 28, 2018, compared to the estimates provided in April.

The company expects its profit and ordinary income for the period to increase 19.3% to about ¥4.15 billion, while operating revenues are expected to go up by 13.9% to ¥8.11 billion.

As of Oct. 12, US$1 was equivalent to ¥112.30.