Daiwa Posts Third Straight Profit on Trading, Underwriting Fees

Daiwa Posts Third Straight Profit on Trading, Underwriting Fees

Tomohiro Ohsumi/Bloomberg

Net income was 7.4 billion yen ($92 million) for the three months ended Sept. 30, compared with a loss of 19.4 billion yen a year earlier, Tokyo-based Daiwa said in a statement today.