Valor Holdings reports 35.6% operating profit surge in Q1

Valor Holdings reported operating profit surged 35.6% to 7,045 million yen for the first quarter ended June 30, with operating revenues rising 6.8% to 221,546 million yen.

The supermarket business saw an 8.4% rise in operating revenue, while the drugstore segment grew 5.3%. Ordinary profit rose 22.6% to 7,218 million yen and profit attributable to owners increased 17.9% to 3,875 million yen.