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Sumitomo Realty 6-month EPS climbs 7.9% YOY

Sumitomo Realty & Development Co. Ltd. said its EPS for the six months ended Sept. 30 came to ¥168.45, a gain of 7.9% from ¥156.15 in the prior-year period.

Profit attributable to owners of the parent totaled ¥79.84 billion, an increase of 7.9% from ¥74.01 billion in the year-earlier period.

Operating income rose 9.3% on an annual basis to ¥124.98 billion from ¥114.30 billion, while revenue from operations climbed 9.7% to ¥540.77 billion from ¥493.12 billion.

Ordinary profit totaled ¥118.29 billion, compared with ¥107.75 billion in the year-earlier period.

The company maintained its forecasts for the full fiscal year ending March 31, 2019.

As of Nov. 12, US$1 was equivalent to ¥113.69.