Obayashi Corporation raises FY2025 profit forecast on higher construction gross profit
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Obayashi Corporation has revised its FY2025 profit forecast, maintaining net sales at 1,530.0 billion yen. Operating income is now expected to be 111.0 billion yen, up 37.0 billion yen from the previous forecast. Ordinary income is projected at 154.0 billion yen, an increase of 32.0 billion yen, while profit is revised to 146.0 billion yen, up 34.0 billion yen. The revisions are attributed to higher gross profit from completed construction contracts and improved profitability in both domestic and overseas operations.
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