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FINWIRES

Osaka Gas' Full-Year Profit Climbs 14%

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-- Osaka Gas' (TYO:9532) profit attributable to owners of the parent rose 14% to 152.8 billion yen in the fiscal year ended March 31 from 134.4 billion yen a year earlier.

The electric services company's earnings per share increased to 391.15 yen from 333.31 yen a year ago, according to a Tokyo bourse filing on Friday.

Net sales dropped 1.9% to 2.030 trillion yen from 2.069 trillion yen in the prior year.

Osaka Gas declared a final dividend of 60 yen per share, payable June 1.

For the fiscal year ending March 31, 2027, the company expects attributable profit of 145 billion yen, EPS of 377.75 yen, and net sales of 2.070 trillion yen.

Osaka Gas plans to pay interim and year-end dividends of 65.00 yen per share each for the year, higher than the amount paid in the year-ago period.

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