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Nireco’s First-Half Net Profit Rises to ¥818 Million

Nireco Corp. reported net profit of ¥818 million for the half-year ended September 30, up from ¥502 million a year earlier, under Japanese accounting standards.

Nireco’s First-Half Net Profit Rises to ¥818 Million

Revenue increased to ¥6.28 billion from ¥5.05 billion. Operating profit was ¥960 million, compared with ¥728 million, while pretax profit rose to ¥1.01 billion from ¥758 million.

Earnings per share were ¥38.12, against ¥22.60 in the prior-year period. Diluted earnings per share came to ¥37.57, up from ¥22.29.

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