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Shofu Inc. Reports Sharp Profit Growth in First Half

A 51% surge in net profit fueled Shofu Inc.’s latest half-year performance, with the dental products manufacturer reaching 3.94 billion yen for the period ending September 30. This performance marks a significant climb from the 2.60 billion yen recorded during the same six-month window of the previous fiscal year.

Shofu Inc. Reports Sharp Profit Growth in First Half

Revenue for the Kyoto-based company rose to 21.41 billion yen, up from 19.10 billion yen a year earlier. Operating profit followed a similar upward trajectory, climbing to 3.43 billion yen against 2.81 billion yen in the prior period. Pretax profit also strengthened, landing at 3.49 billion yen compared to 2.96 billion yen previously.

These results, filed under Japanese accounting standards, translate to earnings of 110.67 yen per share, up from 73.02 yen. Diluted earnings per share also saw a healthy increase to 110.46 yen from 72.79 yen.

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