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Monstarlab Reports Substantial Forex Gains in First Half

Monstarlab Reports Substantial Forex Gains in First Half

Monstarlab Holdings Inc. (JP:5255) has released an update.

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Monstarlab Holdings Inc. has announced significant foreign exchange gains of 1,309 million yen for the first half of the current fiscal year, due to favorable changes in exchange rates affecting loans to overseas subsidiaries and securities holdings. These gains have been factored into their recently released consolidated financial results for the second quarter. The company notes that these gains are subject to fluctuation with future exchange rate movements.

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