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Meito Sangyo Co. reported net profit of ¥2.85 billion for the half-year ended September 30, up from ¥2.20 billion in the same period a year earlier, according to results prepared under Japanese accounting standards.
Revenue edged up to ¥14.47 billion from ¥14.24 billion. Pretax profit increased to ¥2.49 billion, compared with ¥1.79 billion in the prior-year period.
Operating profit fell to ¥694 million from ¥1.04 billion. Earnings per share were ¥175.24, against ¥129.89 a year earlier.
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