MonotaRO's Net Income Climbs 18% in Q1
MonotaRO's (TYO:3064) net income attributable to owners of the parent increased 18% to 8.91 billion yen for the first quarter from 7.54 billion yen a year earlier.The internet company's earnings per share increased to 17.99 yen from 15.17 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales jumped 21% to 95.6 billion yen for the three months ended March 31 from 79.1 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable net income of 36.2 billion yen, net income per share of 72.81 yen, and net sales of 381.4 billion yen.MonotaRO plans to pay interim and year-end dividends of 18 yen and 19 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.
