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Daiho first-half net profit rises to ¥974 million

Daiho Corp. reported net profit of ¥974 million for the six months ended September 30, up from ¥43 million in the year-earlier period, under Japanese accounting standards. Revenue also increased, while operating and pretax profit rose.

Daiho first-half net profit rises to ¥974 million

Revenue for the half-year was ¥72.36 billion, compared with ¥65.19 billion a year earlier. Operating profit reached ¥2.34 billion, up from ¥895 million, and pretax profit was ¥2.03 billion, against ¥1.06 billion.

Earnings per share were ¥11.41, compared with ¥0.49 in the same period last year. Diluted earnings per share were ¥11.40, up from ¥0.49.

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