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Matsuda Sangyo’s First-Half Net Profit Doubles to ¥12.20 Billion

Matsuda Sangyo Co. reported net profit of ¥12.20 billion for the six months ended Sept. 30, up from ¥6.11 billion a year earlier, according to results based on Japanese accounting standards.

Matsuda Sangyo’s First-Half Net Profit Doubles to ¥12.20 Billion

Revenue rose to ¥391.36 billion from ¥288.25 billion in the first half of the prior year. Operating profit increased to ¥16.80 billion from ¥8.06 billion, while pretax profit climbed to ¥17.68 billion from ¥8.44 billion.

Earnings per share were ¥472.18, compared with ¥235.77 a year earlier.

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