Nomura Holdings, Japan's biggest brokerage, has reported its second straight quarterly profit after trading activity increased.
Net profit between July and September was 28.3bn yen ($310m; £189m), compared with a loss of 72.9bn yen for the same period a year earlier.
Total revenue came in at 355.5bn yen, compared with 257.7bn yen a year ago.
Nomura bought some of collapsed US bank Lehman Brothers' European operations in September last year.
"I think these results are pretty good overall. They seem to suggest that the company is on track for good results for the full year too," said Kenichi Hirano at Tachibana Securities.
"It's clear that the positive impact of the Lehman purchase is slowly starting to emerge."
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment