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Express News | [Change Report] Fidelity's subsidiary FMR reported an increase in their shareholding of Aerialink (8914.JP) to 8.43%.
Area Link --- For the fiscal year ending December 2024, an increase in revenue and double-digit profit growth is expected, with both the land rights improvement business and QITABANKUAI operation service business seeing increases in revenue and profit.
On the 14th, Area Link <8914> announced its financial results for the fiscal year ending December 2024. Revenue increased by 9.9% from the previous period to 24.695 billion yen, operating profit rose by 18.1% to 4.906 billion yen, ordinary profit grew by 16.2% to 4.714 billion yen, and net income increased by 13.5% to 3.2 billion yen. The revenue from land rights development business was 3.695 billion yen (up 2.0% from the previous period), and operating profit was 0.485 billion yen (up 8.9% from the previous period). There were large project contracts.
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Arealink: Summary of financial results for the fiscal year ending 2024/12 [Japanese GAAP] (unconsolidated)
Arealink: Notice regarding dividends (dividends increase) from surplus