April 16, 2024
NEC Corp. shares rise in Tokyo after fiscal-year operating profit surges 29%

NEC Corp. shares rise in Tokyo after fiscal-year operating profit surges 29%

NEC Corp. shares rose sharply Monday morning after it posted a 29% increase in fiscal-year operating profit on strong demand for information-technology services and projected further earnings growth.

The shares JP:6701 closed the morning session 14% higher at 5,940 yen after rising as much as 16% earlier.

The Japanese information-technology…

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