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Don Quijote Parent Posts Record Annual Net Profit

Don Quijote Parent Posts Record Annual Net Profit

   Tokyo, Aug.18 (Jiji Press)--The parent company of discount store operator Don Quijote Co. on Monday reported a record net profit for the year through this June, thanks to strong duty-free purchases by visitors from abroad.
   Pan Pacific International Holdings Corp.'s consolidated net profit grew 2.0 pct from the previous year to 90.5 billion yen, also reflecting robust sales of its private-label products.

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AFP-JIJI PRESS NEWS JOURNAL


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