Takeda's net profit quadruples in April-Dec. to 178.91 bil. yen

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Takeda Pharamceutical Co. reported Thursday a more than fourfold increase in net profit for the April to December period to 178.91 billion yen ($1.7 billion) on strong sales in its gastroenterology and other segments, lifting its profit outlook for the full year. The figure compares with a net profit of 42.52 billion yen a year earlier. Revenue for the nine-month period to Dec. 31 was down 3.6 percent at 2.43 trillion yen and operating profit more than doubled to 358.73 billion yen, helped by restructuring steps, the Japanese pharmaceutical firm said. Growth in the gastroenterology segment was...

Kyodo News

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