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Nihon Flush Swings to ¥403 Million First-Half Loss

Nihon Flush Co. reported a net loss of ¥403 million for the six months ended Sept. 30, compared with net profit of ¥337 million a year earlier, as revenue declined and operating results moved into the red.

Nihon Flush Swings to ¥403 Million First-Half Loss

Revenue fell to ¥8.79 billion from ¥10.27 billion in the prior-year half. The company recorded an operating loss of ¥158 million, against operating profit of ¥455 million, while pretax results shifted to a loss of ¥116 million from profit of ¥557 million.

Per-share earnings were a loss of ¥17.71, compared with earnings of ¥14.83 in the same period last year. The figures are for the group and are based on Japanese accounting standards.

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