Hakuhodo Dy Holdings (JP:2433) has released an update.
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Hakuhodo DY Holdings reported a strong financial performance in the first half of FY2024, with a 5.4% increase in billings and a 7.1% rise in revenues, driven by growth in the domestic advertising market and strategic business expansion. The company’s operating income surged by 559.4% year-over-year, reflecting enhanced profitability despite extraordinary losses related to restructuring in North America. However, the company still posted a net loss attributable to owners of the parent, although it was significantly reduced compared to the previous year.
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