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Tsuruha Holdings Profits Surge as Revenue More Than Doubles

Tsuruha Holdings Inc. posted a significant climb in profitability for the half-year ending August 31, with net profit reaching 30.25 billion yen compared to 20.37 billion yen during the same period last year. This sharp financial uptick reflects a major expansion in the company's top-line performance.

Tsuruha Holdings Profits Surge as Revenue More Than Doubles

The Japanese retail group reported revenue of 1.28 trillion yen, a substantial increase from the 557.83 billion yen recorded in the previous year. Operating profit mirrored this growth, climbing to 54.77 billion yen from 28.44 billion yen, while pretax profit rose to 54.85 billion yen from 28.82 billion yen. Despite the overall jump in earnings, per-share figures saw a decline, with earnings per share at 66.75 yen compared to 83.64 yen in the prior period. Diluted earnings per share also shifted, moving to 66.65 yen from 83.32 yen. These results follow Japanese accounting standards.

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