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TOLI Corp Net Profit Surges 49% on Robust Nine-Month Revenue

Japanese interior materials manufacturer TOLI Corp reported a net profit of ¥2.48 billion for the nine months ending Dec. 31, 2024, marking a significant increase from the ¥1.66 billion recorded during the same period last year.

TOLI Corp Net Profit Surges 49% on Robust Nine-Month Revenue

Earnings and Revenue Breakdown

The Tokyo-listed company saw its revenue climb to ¥81.82 billion, up from ¥75.05 billion a year earlier. This topline growth supported a substantial increase in operating profit, which reached ¥3.14 billion, according to the company’s latest financial statement.

The bottom-line results were further bolstered by a pretax profit of ¥3.74 billion, compared to ¥2.45 billion in the previous year. Earnings per share rose to ¥42.66, reflecting a sharp improvement over the ¥28.10 reported in the corresponding nine-month window.

TOLI Corp, which trades under the ticker 7971.TO, calculated these results based on Japanese accounting standards. The figures highlight a period of sustained growth as the manufacturer nears the end of its current fiscal year.

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