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NEC Q2 Net Income Rises - Quick Facts

NEC (NIPNF.PK) reported that its second-quarter net income to owners of the parent increased to 14.9 billion yen from 11.0 billion yen, prior year. Earnings per share was 57.43 yen compared to 42.28 yen.

Second-quarter revenue improved to 723.5 billion yen from 705.5 billion yen, previous year.

NEC noted that there is no change to the consolidated financial forecasts for the full year ending March 31, 2019, as previously disclosed on July 31, 2018.

The company noted that it has revised its operating segments from the first quarter of the current fiscal year. Figures for the previous year have been restated to conform to the new segments.

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