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Oita Bank Reports 19.8% Rise in Q1 Consolidated Net Profit to 3.942 Billion Yen
Oita Bank announced its consolidated results for the April-to-June quarter, with net profit rising 19.8% year-on-year to 3.942 billion yen. Ordinary revenue exceeded the year-earlier period, helped by an increase in interest income, while credit costs also declined. As a result, the bank posted a record high profit for the first quarter.