August 10, 2017 / 6:19 AM / 3 months ago

Japan Post Q1 profit up 26 pct on banking arm's forex gains

TOKYO, Aug 10 (Reuters) - Japan Post Holdings Co on Thursday reported a 25.7 percent increase in quarterly profit, helped by gains from foreign exchange trading at its banking arm.

Japan Post posted a net profit of 104.5 billion yen ($949.18 million) for the three months through June, versus 83.13 billion yen a year ago.

The banking unit, Japan Post Bank Co, reported a net profit of 89.4 billion yen over the period, up 31.6 percent. ($1 = 109.9900 yen) (Reporting by Thomas Wilson; Editing by Himani Sarkar)

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