Nintendo: first-half profit up 11%, sales down 12%
FROM THE WIRE · FINANCE.YAHOO.COM
TOKYO (AP) — Japanese video-game maker Nintendo reported Thursday an 11% improvement in its net profit in the first half of the fiscal year, although its sales declined during that period. Kyoto-based Nintendo Co.'s April-September profit rose to 220.9 billion yen ($1.4 billion)…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishHalf-year results from a major video game maker with rising profit, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01April-September net profit rose to 220.9 billion yen from nearly 199 billion.
- 02Six-month sales slipped 12% to 966 billion yen.
- 03Nintendo sold 6.49 million Switch 2 and 1.27 million Switch consoles in the half.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets