Despite a modest growth in top-line performance, with revenue climbing to 13.71 billion yen from 13.37 billion yen, rising costs weighed heavily on the bottom line. Operating profit contracted to 1.08 billion yen from 1.31 billion yen, while pretax profit settled at 1.13 billion yen against 1.35 billion yen a year earlier. These figures, prepared under Japanese accounting standards, reflect a challenging period for the firm as margins tightened across its core operations.
In section Market Quotes
AGS Corp Profits Slide to 749 Million Yen in First Half
A 25 percent drop in net profit hit AGS Corp during the six months ending September 30, as the company reported earnings of 749 million yen compared to 1 billion yen in the same period last year. Earnings per share fell accordingly to 44.91 yen from the previous 59.97 yen.
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