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Kodama Chemical’s Half-Year Net Profit Falls to ¥1.08B

Kodama Chemical Industry reported net profit of ¥1.08 billion for the half-year ended Sept. 30, down from ¥23.37 billion a year earlier, despite higher revenue and operating profit. The company’s results are based on Japanese accounting standards.

Kodama Chemical’s Half-Year Net Profit Falls to ¥1.08B

Revenue rose to ¥42.85 billion from ¥40.49 billion. Operating profit increased to ¥1.33 billion from ¥916 million, while pretax profit grew to ¥928 million from ¥689 million.

Earnings per share were ¥69.25, compared with ¥1.50 in the year-earlier period.

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