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Ota Floriculture’s First-Half Net Loss Widens to ¥18 Million

Ota Floriculture Auction Co. reported a net loss of ¥18 million for the six months ended September 30, compared with a loss of ¥11 million in the same period a year earlier, despite higher revenue and narrower operating and pretax losses.

Ota Floriculture’s First-Half Net Loss Widens to ¥18 Million

Revenue rose to ¥2.09 billion from ¥1.74 billion, while the operating loss narrowed to ¥41 million from ¥58 million. The pretax loss also decreased, to ¥8 million from ¥17 million.

Earnings per share were a loss of ¥3.58, compared with a loss of ¥2.27 in the year-earlier half. The results are based on Japanese accounting standards.

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