Takeda FQ1 Net Profit Up 16%
Takeda Pharmaceutical Co (OTC: TKPYY) reported a 16% rise in its net profit for the fiscal first quarter.
Takeda's quarterly net profit rose to 87.6 billion yen ($1.12 billion), from a year-ago profit of Y75.6 billion. Its operating profit declined to Y62.6 billion from Y116.2 billion.
Takeda's revenue climbed 12% to Y398.3 billion, versus Y357.2 billion.
Takeda shares closed at $22.85 yesterday.
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