TOKYO: Tokyo Broadcasting System Inc (TBS) said its first-half net profit surged 64%, buoyed by gains from the sale of its stake in Tokyo Electron Co Ltd, the world's second largest maker of semiconductor processing equipment.
The national broadcasting company made a net profit of 12.57 billion yen versus 7.65 billion yen in the same period last year. TBS said it booked capital gains of 16.9 billion yen from the sale of three million shares in Tokyo Electron.
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