Tokyu (JP:9005) has released an update.
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Tokyu Corporation has reported a positive first quarter for the fiscal year ending March 2025, with significant year-on-year growth in operating revenue by 14.1% and operating profit by 61.5%. The company’s solid performance is also reflected in a 49.5% increase in profit attributable to owners. Despite these gains, forecasts for the full year suggest a conservative outlook, with expected decreases in operating profit, ordinary profit, and profit attributable to owners.
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