S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

XNET Profits Surge as Half-Year Net Income Hits 316 Million Yen

XNET Corp. reported a significant jump in net profit for the half-year ending September 30, reaching 316 million yen compared to 186 million yen in the same period last year. This sharp increase in bottom-line earnings occurred despite a slight softening in operating profit during the reporting period.

XNET Profits Surge as Half-Year Net Income Hits 316 Million Yen

Revenue for the Japanese firm climbed to 2.98 billion yen, up from 2.77 billion yen a year earlier. While top-line growth remained steady, operating profit saw a minor decline, dipping to 484 million yen from 495 million yen. Pretax profit, however, showed resilience, ticking upward to 489 million yen from 482 million yen.

Shareholders will see the impact of these results through dividend distributions. The company announced a midyear dividend of 40 yen per share, a notable increase from the 22.50 yen paid out at the same time last year. Earnings per share rose to 37.79 yen, up from 22.31 yen in the previous year. These figures reflect results prepared under Japanese accounting standards.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!