H2O Retailing Corporation (JP:8242) has released an update.
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H2O Retailing Corporation has reported a substantial increase in profits, with gross sales climbing 13.0% and operating profit skyrocketing by 94.7% for the first quarter of FY2025. The department store segment showed a particularly robust performance with a year-over-year increase of 170.3% in operating profit. The company forecasts consistent growth across all segments for the full year, expecting an overall 9.4% rise in gross sales and a 37.0% increase in profit.
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