T&D Holdings, Inc. reported a 9.8% decrease in profit for the first nine months of the fiscal year, despite a 3% increase in revenues. Earnings per share also dropped to 216.68 yen from 229.37 yen a year ago. The company’s ordinary profit, however, increased by 0.6% to 180.34 billion yen. Looking ahead, T&D Holdings projects a 6.6% decrease in attributable profit for the full year, with revenues expected to decline by 19.3%. Shares in Tokyo were trading slightly lower at 4,204.00 yen. Visit rttnews.com for more earnings news and updates.
Read more at Nasdaq: T&D Holdings 9-month Net Profit Down, Ordinary Profit Edges Up; Sees Weak Profit And Revenues In FY
