From Nasdaq: 2025-05-09 03:39:00

NTT (NTT) reported a decline in profit for fiscal 2024, despite revenue growth. The company projects higher profit and revenues for fiscal 2025, with annual dividends per share expected to increase. NTT also announced a share buyback of up to 200.0 billion yen. In the full year, profit attributable to the company declined by 21.8 percent, while operating profit was down by 14.2 percent. Operating revenues, however, grew by 2.5 percent. Looking ahead to fiscal 2026, NTT expects growth in both attributable profit and operating profit, with a rise in revenue. Nippon Telegraph shares gained 3.3 percent in Tokyo trading.



Read more at Nasdaq: NTT FY24 Profit Down, Sees Growth In FY25; Lifts Dividend, Plans Buyback