Asia
Aizawa Securities' Profit Falls 13% in Fiscal Year Ended March 31
Aizawa Securities' (TYO:8708) profit attributable to owners of the parent fell 13% to 2.75 billion yen for the fiscal year ended March 31 from 3.17 billion yen a year earlier.The securities firm's preliminary consolidated results show earnings per share declined to 88.44 yen from 100.20 yen a year ago, according to a Tokyo bourse filing on Monday.Operating revenue rose 1.9% to nearly 21 billion yen from 20.6 billion yen in the prior year.Operating profit plunged 99% to 26 million yen from 1.89 billion yen, and ordinary profit fell 74% to 666 million yen from 2.57 billion yen.
TYO:8708
