logo
  

NTT FY Profit Increases

Nippon Telegraph and Telephone Corp (NTT) reported that its profit attributable to the company for the year ended March 31, 2021 increased to 916.18 billion yen or 248.15 yen per share from 855.31 billion yen or 231.21 yen per share in the previous year.

Operating revenues for the year grew to 11.94 trillion yen from 11.90 trillion yen last year.

For the fiscal year ending March 31, 2022, the company projects basic earnings per share of 300 yen; and operating revenue of 12.00 trillion yen.

NTT Corp. said that it will establish a new Israeli subsidiary named, " NTT Innovation Laboratory Israel Ltd" In July 2021.

NTT announced that the Board of Directors meeting held Wednesday resolved the followings. There is no change in the members.These executive positions will be approved officially at the board of directors meeting, scheduled to be held on June 24, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Sturtevant, Wisconsin-based BRP U.S. Inc. is recalling around 20 models of Side-by-Side vehicles citing fire risk, the U.S. Consumer Product Safety Commission. The recall involves about 34,400 units of Model Years 2020 and 2021 Can-AM Defender HD10 side-by-side vehicles. While reporting financial results for the second quarter on Friday, technology company Honeywell international Inc. (HON) raised its adjusted earnings and sales guidance for the full-year 2021, based on the second-quarter performance and management's outlook for the remainder of the year. For fiscal... Shares of Vodafone Group Plc were gaining around 2 percent in the morning trading in London after the British telecom major reported higher revenues in its first quarter. Looking ahead, the company said it is on track to deliver fiscal year 2022 guidance, with Adjusted EBITDAaL expected to be between 15.0 billion euros - 15.4 billion euros and Adjusted free cash flow of at least 5.2 billion euros
RELATED NEWS
Follow RTT