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Concordia Financial Group: Ordinary profit soared 396% year-over-year, driven by higher interest income and lower expenses
Concordia Financial Group: Ordinary profit soared 396% year-over-year, driven by higher interest income and lower expenses
About this update from Yokohama Financial Group, Inc.
Ordinary profit surged 396% year-over-year to ¥32.7 billion, with net income up 11% and improved loan yields. Full-year profit and dividend forecasts were raised, while credit costs and non-performing loan ratios remained stable.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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