TOKYO (dpa-AFX) - Japan-based real estate developer Mitsui Fudosan Co., Ltd.
(MTSFY.PK) Wednesday reported profit of 129.29 billion yen or 138.39 yen per
share for the first half, higher than 100.14 billion yen or 105.29 yen per share
in the same period a year ago, primarily helped by revenue growth. The company
also raised its full-year profit outlook.

Revenue for the period increased 10.2% to 1,165.2 billion yen from 1,057 billion
yen last year.

For the full year, Mitsui Fudosan now expects profit to be 215 billion yen, up
from the previous guidance of 210 billion yen. Full-year revenue is sill
expected at 2,300 billion yen.

The company also raised its annual dividend forecast to 70 yen from the previous
forecast of 68 yen.



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