TOKYO (Reuters) – Tokyo Gas, Japan’s biggest city gas provider, on Wednesday posted 17.2 billion yen ($112 million) in first-half net profit to end-September, down 84% from the same period a year earlier, hit by rising expenses and other costs.
In April-September last year, Tokyo Gas reported net profit of 104 billion yen. The company kept its net profit forecast for the fiscal year to end-March 2025 at 81 billion yen.
($1 = 153.2700 yen)
(Reporting by Katya Golubkova; Editing by Tom Hogue)
