Buffalo (Melco Holdings) announces earnings surge, stock incentive, dividend adjustment
Melco Holdings (TSE: 6676), soon to be rebranded as Buffalo, announced a significant surge in its consolidated earnings for the fiscal year ending March 2025. Operating profit soared 242.6% to JPY8.899B, while net profit attributable to the parent company nearly doubled, increasing 99.4% to JPY6.006B. To commemorate its 50th anniversary, Buffalo plans a special dividend of JPY20 per share, bringing the total dividend to JPY120 for the year. However, the company forecasts a decline in earnings for the next fiscal year, projecting a net profit of JPY3.2B and therefore expects to lower the annual dividend to JPY80 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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