H2O Retailing Corporation (JP:8242) has released an update.
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H2O Retailing Corporation has upwardly revised its earnings forecasts for both the first half and the full fiscal year ending March 31, 2025, following stronger than expected first-quarter performance, particularly in the Department Store Business. The company also reported an extraordinary income gain from step acquisitions after making Ningbo Development Co., Ltd. a consolidated subsidiary. This revision reflects significant percentage increases in operating profit, ordinary profit, and profit attributable to owners of the parent compared to previous forecasts.
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