By  on January 11, 2013

TOKYO — Japanese apparel giant Onward Holdings said Friday that its net profit for the nine months ended November 30 grew by 6.4 percent to 4.64 billion yen, or $58.09 million at average exchange rates for the period.

The company benefitted from a low comparable base for net profit. The previous year's nine-month net profit slid 7 percent on a series of expenditures, including some related to the March 2011 earthquake.

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