FINWIRES · TerminalLIVE
FINWIRES

Hulic's Profit Climbs 5.6% in Q1

By

-- Hulic's (TYO:3003) profit attributable to owners of the parent rose 5.6% to 18.1 billion yen in the first quarter from 17.2 billion yen a year earlier.

The real estate and insurance company's earnings per share increased to 23.89 yen from 22.57 yen a year ago, according to a Tokyo bourse filing on Monday.

Net sales jumped 45% to 226.8 billion yen in Q1 from 156.6 billion yen in the prior-year period.

For the full year, the company expects attributable profit of 121 billion yen and EPS of 159.41 yen.

Hulic plans to pay interim and year-end dividends of 33.50 yen per share each for the year, which is higher than the amount paid the previous year

Related Articles

Equities

Raymond James Adjusts Diamondback Energy Price Target to $242 From $240, Maintains Strong Buy Rating

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $223.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$FANG
International

US IRS Reports Average Tax Refund Rise 11.3% from Year-Ago Through April 17

The size of the average tax refund rose by 11.3% to $3,275 this tax season as of April 17 compared with $2,942 as of April 18, 2025, the US Internal Revenue Service reported in weekly data.There were 90.4 million refunds issued so far this year, up from 86.0 million a year ago. There were total refunds of $296.07 billion so far this year compared with $253.12 billion a year ago.

Sectors

National Bank Says Crude Oil Price Shock Could Deliver Significant Fiscal Windfall For Canadian Governments

After surging nearly 50% since the onset of the United States-Iran conflict, this crude oil price shock is one of the largest on record since the inception of WTI futures trading in the mid-1980s, said National Bank of Canada.While the change is historically significant in percentage terms, the same can't necessarily be said about where the price stands outright, noted the bank.That's true for the US dollar-denominated price, at least. The price of WTI in Canadian dollar (CAD or loonie) terms is near a record high early in Q2, recently trading just below C$160/barrel -- a level reached only once before, briefly, during the 2022 Russian invasion of Ukraine, stated National Bank.Canadian producers -- and governments -- could, as a consequence, be poised to capture one of the most lucrative quarters on record in terms of royalty revenues, added the bank. How long this fiscal windfall will last is uncertain, but if sustained, its impact on provincial and federal finances will be "significant" -- particularly for oil-levered provinces such as Alberta.Though the net impact of this crude shock on the Canadian economy -- and its implications for monetary policy -- has yet to be fully revealed, National Bank urges governments to capitalize on this opportunity.Most notably, this can be done by directing any additional, unbudgeted revenues to the bottom line or toward productivity-enhancing investments in the national interest. This federal government has promised to "spend less to invest more" -- a sentiment that will once again be tested in Tuesday's Spring Economic Update, according to the bank.

$$CAD$$CXY