Nikkiso operating profit surges 114% despite revenue decline

Nikkiso reported operating profit surged 114.4% to 5,867 million yen in the first half, despite revenue falling 2.3% to 100,317 million yen.

Profit before tax fell 31.8% to 4,845 million yen due to foreign exchange impacts. The Medical Business improved profitability while Industrial Business maintained profit levels.