Supermarket chain operator Seiyu Ltd. on Tuesday posted consolidated net profits of 617 million yen for the first half of the 2001 business year through Aug. 31.
It also chalked up 6.78 billion yen in consolidated pretax profits on sales of 540.82 billion yen.
No year-on-year comparisons were available because it is the first time Seiyu has reported half-year results on a consolidated basis.
For the full year to Feb. 28, Seiyu predicts a net profit of 2 billion yen and pretax profit of 12 billion yen on sales of 1.108 trillion yen.
The forecast compared with a net profit of 317 million yen and pretax profit of 8.06 billion yen on sales of 1.07 trillion yen posted the previous year.
On a parent-only basis, Seiyu posted a pretax profit of 4.57 billion yen, down 17.2 percent from a year earlier, on sales of 391.53 billion yen, down 7.9 percent.
On an unconsolidated basis for the full year, the firm predicts a net profit of 3 billion yen and pretax profit of 8 billion yen on sales of 780 billion yen.
In the previous year, it notched a 3.05 billion yen net profit, 6.61 billion yen pretax profit and 832.19 billion yen in sales.