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Iwatani Corp. reported net profit of ¥48.37 billion for the half-year ended September 30, compared with ¥20.32 billion a year earlier. The Japanese company also recorded higher revenue, operating profit and pretax profit for the period.
Revenue increased to ¥477.53 billion from ¥409.13 billion, while operating profit rose to ¥24.55 billion from ¥10.76 billion. Pretax profit was ¥59.69 billion, up from ¥18.00 billion in the previous-year period. Earnings per share reached ¥210.12, compared with ¥88.27.
The results are based on Japanese accounting standards.
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