8392
▲ PositiveCapitalrelevance
Q1 net profit rose 19.8% to record high on higher interest income and lower credit costs.
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.
Q1 net profit rose 19.8% to record high on higher interest income and lower credit costs.