FX.co ★ Mitsui Fudosan H1 Profit Declines - Quick Facts

Mitsui Fudosan (MTSFY.PK) has announced a decrease in its first-half net profit attributable to shareholders, falling to 88.3 billion yen from last year's 129.2 billion yen. The company attributed this decline primarily to the non-recurrence of extraordinary income realized from the sale of investment securities in the previous fiscal year. Operating income also saw a drop to 137.3 billion yen from 154.4 billion yen in the same period last year, with business income contracting by 6.4%. Revenues from operations were slightly down, registering 1.16 trillion yen, which is a 0.2% decrease compared to the prior year.

Despite these downturns, the company maintains its consolidated earnings and dividend forecasts as initially stated at the beginning of the fiscal period.