Sumitomo Mitsui Financial Group SMFG reported a 53% gain in its net profit for the fiscal first half ended Sept. 30.
Sumitomo Mitsui's profit for the period surged to Y505.71 billion, from a year-ago profit of Y331.04 billion.
Its operating revenue rose 14% to Y2.363 trillion from Y2.068 trillion.
For the current fiscal year, Sumitomo Mitsui lifted its net profit forecast to Y750 billion from Y580 billion.
Sumitomo Mitsui shares closed at $9.72 yesterday.
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