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Daiwa Securities Group Reports 11% Profit Decline in Q3

The Japanese brokerage's net profit fell to ¥47.7 billion for July–September, marking a year-on-year decrease.

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Terms & Concepts
  • Net Profit: The total earnings of a company after subtracting all expenses, taxes, and costs from revenue.
  • Q3: The third quarter of a financial year, typically covering July through September.