Nippon Building (JP:8951) has released an update.
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Nippon Building Fund Inc. reported a significant increase in financial performance for the first half of 2024, with operating revenue up by 6.1% and net income rising sharply by 19.6% compared to the previous period. The company also announced a net income per unit increase to 13,724 yen and a solid payout ratio of 95.3%. Total assets slightly decreased, yet net assets improved, maintaining a strong unitholders’ equity ratio of over 51%.
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