TOKYO -- Business software provider Obic is expected to report a consolidated operating profit of roughly 16 billion yen ($141 million) for the half ended in September, a 15% increase on the year as demand for efficiency-enhancing systems and cloud services grew.
That result would mark the Tokyo-based company's 17th straight record first-half profit. Sales are seen up 9% to around 32.5 billion yen.
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