THK reports first-quarter net profit jump to Y4.49bn

6 articles · Updated · MarketWatch · May 11

For the quarter ended 31 March in Japan, revenue rose to Y69.04bn from Y54.18bn and earnings per share increased to Y40.09 from Y2.75.
Operating profit climbed to Y7.62bn from Y1.64bn, while pretax profit increased to Y6.70bn from Y1.71bn.
The manufacturer said the results were prepared under IFRS, showing a sharp improvement from the same quarter a year earlier.

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