First-quarter profits have jumped at probiotics group Yakult on the back of higher sales at home and abroad.
The Japanese firm yesterday (30 July) booked an 85% leap in operating income to JPY5.38bn (US$54.8m) for the three months to the end of June.
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An increase in sales in Japan and in overseas markets, notably in Asia, Oceania and the Americas, boosted profits. Net sales were up 5.7% at JPY82.16bn.
Net income more than tripled from JPY1.01bn to JPY3.78bn. Last year’s first quarter included higher foreign exchange losses and steeper “extraordinary” losses.
