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Advance Create Narrows Net Loss in Fiscal H1

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Advance Create (TYO:8798) posted an attributable net loss of 31 million yen for the fiscal first half, narrowing from an attributable net loss of 1.18 billion yen a year ago.

Basic net loss per share was 0.46 yen, compared with 52.58 yen a year earlier, according to a Tokyo bourse filing on Friday.

Net sales rose 9.2% to 3.41 billion yen from 3.12 billion yen for the six months ended March 31.

For the fiscal year ending Sept. 30, the company expects attributable profit of 450 million yen, basic EPS of 6.51 yen, and net sales of 7.95 billion yen.

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