MCUBS MidCity Investment Corporation Announces Earnings Results for the Six Months Ended December 31, 2015; Provides Earnings Guidance for the Six Months Period Ending June 30, 2016 and for the Six Months Period Ending December 31, 2016
February 15, 2016 at 10:15 am EST
MCUBS MidCity Investment Corporation announced earnings results for the six months ended December 31, 2015. For the period, the group reported operating revenue of ¥6,579 million, operating income of ¥2,507 million, ordinary income of ¥1,937 million and net income of ¥1,936 million or ¥7,614 per unit compared to operating revenue of ¥5,265 million, operating income of ¥1,683 million, ordinary income of ¥1,239 million and net income of ¥1,237 million or ¥6,622 per unit reported in the same period last year. Cash flows from operating activities was ¥3,245 million against ¥2,267 million reported last year. Income before income taxes was ¥1,937.9 million against ¥1,239.0 million reported last year.
For the six months period ending June 30, 2016, the group expected to report operating revenue of ¥6,855 million, operating income of ¥2,430 million, ordinary income of ¥1,837 million and net income of ¥1,835 million or ¥6,900 per unit.
For the six months period ending December 31, 2016, the group expected to report operating revenue of ¥6,881 million, operating income of ¥2,430 million, ordinary income of ¥1,837 million and net income of ¥1,835 million or ¥6,900 per unit.