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Miyakoshi Holdings Posts ¥193M Half-Year Loss

Miyakoshi Holdings Inc. reported a net loss of ¥193 million for the half-year ended September 30, compared with a net profit of ¥70 million in the same period a year earlier, according to figures based on Japanese accounting standards.

Miyakoshi Holdings Posts ¥193M Half-Year Loss

Revenue fell to ¥0 from ¥304 million. The company recorded an operating loss of ¥394 million, compared with a loss of ¥39 million a year earlier, while its pretax result shifted to a loss of ¥197 million from a profit of ¥97 million.

Earnings per share were a loss of ¥4.83, against earnings of ¥1.75 in the prior-year period. Figures in parentheses in the reported results denote losses.

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