TOKYO -- Seafood purveyor Maruha Nichiro is expected to report a nearly 10% rise in April-September pretax profit as rising fish prices fattened margins and overseas businesses improved efficiency.
The profit is estimated at about 15 billion yen ($133 million), a record for the period. The Tokyo-based company has not released a forecast for the first half, but the figure appears to have slightly surpassed internal plans.