Hioki E.E's Profit Surges 74% in H1
Hioki E.E's (TYO:6866) profit attributable to owners of the parent jumped 74% to 3.99 billion yen for the first half from nearly 2.30 billion yen a year earlier.The electrical test and measuring tool maker's basic earnings per share increased to 296.82 yen from 169.74 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales climbed 24% to 24.1 billion yen in the six months ended June 30 from 19.5 billion yen in the prior year.It declared a final dividend of 100 yen per share, payable from Aug. 12.For the year ending Dec. 31, the company expects an attributable profit of 7.54 billion yen, basic EPS of 560.80 yen, and net sales of 47.7 billion yen.Hioki plans to pay a year-end dividend of 120 yen per share for the year, which is higher than the 100 yen paid in the year-ago period.
