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Globeride First-Half Net Profit Falls to ¥3.46 Billion

Globeride Inc. reported net profit of ¥3.46 billion for the six months ended Sept. 30, down from ¥3.93 billion in the same period a year earlier. Revenue increased, while operating and pretax profit declined, according to results based on Japanese accounting standards.

Globeride First-Half Net Profit Falls to ¥3.46 Billion

Revenue rose to ¥69.77 billion from ¥65.57 billion. Operating profit fell to ¥4.30 billion from ¥4.89 billion, and pretax profit decreased to ¥4.33 billion from ¥5.09 billion.

Earnings per share were ¥161.45, compared with ¥170.85 a year earlier.

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