Seven & i Logs 23 Pct Net Profit Fall in FY 2024

Tokyo, April 9 (Jiji Press)--Japan's Seven & i Holdings Co. said Wednesday that its consolidated net profit for the year through February dropped 23.0 pct from the previous year to 173 billion yen as its cash-cow overseas convenience store business slumped. The retail group's operating profit fell 21.2 pct to 420.9 billion yen, while its sales rose 4.4 pct to 11,972.7 billion yen. Amid th...

Seven & i Logs 23 Pct Net Profit Fall in FY 2024
Tokyo, April 9 (Jiji Press)--Japan's Seven & i Holdings Co. said Wednesday that its consolidated net profit for the year through February dropped 23.0 pct from the previous year to 173 billion yen as its cash-cow overseas convenience store business slumped. The retail group's operating profit fell 21.2 pct to 420.9 billion yen, while its sales rose 4.4 pct to 11,972.7 billion yen. Amid th...