MEDIA DO Co., Ltd. (JP:3678) has released an update.
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MEDIA DO Co., Ltd. reported a solid performance in the first half of fiscal 2024, with a 10% increase in net sales and profits mainly driven by the eBook distribution business. The company saw its operating profit and ordinary profit rise by over 10% each, while profit attributable to owners modestly increased by 2.2%. Despite an extraordinary loss related to the liquidation of a publishing subsidiary, the company’s strategic investments began to yield improved profitability, contributing to the overall positive financial results.
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