bullish
2Q Follow-Up - Frontier Management Inc. (7038 JP) - Aug. 23, 2023
SUMMARY
- In 2Q, net sales rose 26%, operating profit rose 28%, and net profit rose 46%.
- The strong growth in net profit is attributed to the absence of the loss on valuation of investment securities recorded in the previous year.
- Management Consulting business continued to perform well with sales rising 16%.
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