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Choushimaru Profit Surges Amid Revenue Growth

Choushimaru Co. Ltd. reported a significant increase in its half-year net profit, reaching 835 million yen for the period ending August 31. This performance marks a sharp rise from the 548 million yen recorded during the same timeframe last year, driven by steady gains across the company's financial metrics.

Choushimaru Profit Surges Amid Revenue Growth

The Japanese firm saw its revenue climb to 12.60 billion yen, up from 11.62 billion yen in the previous year. Operating profit mirrored this upward trend, rising to 1.30 billion yen compared to 986 million yen previously, while pretax profit reached 1.33 billion yen. These results, calculated under Japanese accounting standards, pushed earnings per share to 66.70 yen from 43.87 yen.

Despite the robust midyear growth, the company maintained a nil dividend for the interim period. Looking ahead, Choushimaru has projected a year-end dividend of 16.00 yen per share, an increase from the 14.00 yen paid out in the prior year.

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