Sakai Heavy Industries’ First-Half Net Profit Slips to ¥427 Million

Revenue increased to ¥13.63 billion from ¥12.98 billion, according to results prepared under Japanese accounting standards. Operating profit was ¥654 million, compared with ¥684 million a year earlier, and pretax profit fell to ¥627 million from ¥648 million.

Earnings per share were ¥49.69, down from ¥50.45 in the prior-year half.