KDDI October-December Profit Surges 85%

By: Benzinga
KDDI (OTC: KDDIY ) reported a surge in its net profit for the October-December quarter. KDDI's quarterly net profit rose 85% to 100.49 billion yen ($1.1 billion), versus Y54.22 billion, in the year-ago period. Its revenue climbed 7.5% to Y969.98 billion from Y902.13 billion. However, operating profit jumped 39.9% to
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