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FX.co ★ East Japan Railway 9-month Profit Rises; Operating Revenues Up 15.9%

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typeContent_19130:::2024-01-31T08:25:00

East Japan Railway 9-month Profit Rises; Operating Revenues Up 15.9%

The East Japan Railway Company (EJPRF.PK, EJPRY.PK) has announced a significant increase in their profits for the nine-month period ending December 31, 2023. The figures show a substantial yield of 185.23 billion yen, a marked improvement compared to the 72.59 billion yen earned in the same period of the previous year. This translates to a basic earnings per share of 491.81 yen, more than double the previous year's result of 192.66 yen.

The operating revenues for the same nine-month period exhibited a 15.9% increase year on year, with a total of 2.00 trillion yen.

As for projections for the year ending March 31, 2024, the company has projected a basic earnings per share of 438.10 yen along with expected operating revenues amounting to 2.71 trillion yen.

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