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Kaneka First-Half Net Profit Rises to ¥14.65 Billion

Kaneka Corp. reported net profit of ¥14.65 billion for the six months ended Sept. 30, up from ¥11.05 billion a year earlier, while revenue and operating profit also increased, according to results prepared under Japanese accounting standards.

Kaneka First-Half Net Profit Rises to ¥14.65 Billion

Revenue rose to ¥446.97 billion from ¥397.43 billion. Operating profit increased to ¥28.68 billion from ¥14.96 billion, and pretax profit reached ¥24.32 billion, compared with ¥11.76 billion in the prior-year period.

Earnings per share were ¥243.48, up from ¥176.51. Diluted earnings per share rose to ¥242.55 from ¥175.92.

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