Belc's Full-Year Profit Up 2.4%
Belc's (TYO:9974) profit attributable to owners of the parent rose 2.4% to 12.7 billion yen for the fiscal year ended Feb. 28 from 12.4 billion yen a year earlier.The supermarket operator's basic earnings per share increased to 608.69 yen from 594.16 yen a year ago, according to a Tokyo bourse filing on Friday.Operating income gained 9.2% to 423.4 billion yen from 387.8 billion yen in the prior year.It declared a year-end dividend of 62 yen per share, payable from May 7.For the fiscal year ending Feb. 28, 2027, the company expects attributable profit in the range of 12.5 billion to 13.6 billion yen, basic EPS of 600.07 yen to 652.88 yen, and net sales of 434.5 billion to 454.6 billion yen.Belc plans to pay interim and year-end dividends of 66 yen per share, each, for the current year, which is higher than the dividends paid in the prior-year period.