JAPAN: FamilyMart Q1 profits climb
By Michelle Russell | 6 July 2012
- Net income increases to JPY4.84bn (US$60.8bn)
- Operating profit climb to JPY10.93bn
- Sales up to JPY81.88bn
Japanese c-store retailer FamilyMart has booked an increase in first-quarter net profits.
Earnings in the three months to the end of February amounted to JPY4.84bn (US$60.8bn), an increase on JPY1.22bn earned in the prior-year period.
Operating profit reached JPY10.93bn, compared to JPY9.14bn last year, the retailer reported today (7 July).
Sales in the period amounted to JPY81.88bn from JPY78.77bn in the comparable period of last year.
Sectors: Financials, Retail
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