Tokyo Ohka Kogyo reports 50% profit surge

Tokyo Ohka Kogyo Co reported consolidated net sales of 111.6bn yen for the six months ended June 30, up 17.8% year-on-year. Operating income rose 47.6% to 19.8bn yen, while profit attributable to owners jumped 49% to 13.6bn yen.

The company revised its full-year forecast upward, projecting net sales of 227bn yen and profit of 26.5bn yen. The interim dividend is set at 35 yen, contributing to a projected full-year dividend of 70 yen.