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Sanyo Electric Railway’s Half-Year Net Profit Falls to ¥1.83 Billion

Sanyo Electric Railway reported net profit of ¥1.83 billion for the six months ended September 30, down from ¥2.74 billion a year earlier. Revenue increased, while operating and pretax profit declined, according to results prepared under Japanese accounting standards.

Sanyo Electric Railway’s Half-Year Net Profit Falls to ¥1.83 Billion

Revenue rose to ¥19.79 billion from ¥19.12 billion in the prior-year period. Operating profit was ¥2.69 billion, compared with ¥2.80 billion, while pretax profit fell to ¥2.70 billion from ¥2.86 billion.

Earnings per share were ¥82.46, down from ¥123.47 a year earlier.

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