Nishi-Nippon Railroad Co., Ltd. (JP:9031) has released an update.
Nishi-Nippon Railroad Co., Ltd. reports a 5% increase in operating revenue to 101,634 million yen, but a significant decrease in profit attributable to owners of 60.6% to 3,697 million yen for the first quarter ending June 30, 2024. The company’s equity ratio saw a slight improvement from 31.5% to 31.6%, with total assets increasing to 737,135 million yen. Despite the mixed results, no change in dividend forecasts has been announced, maintaining the previous year’s total dividend at 40 yen per share.
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