Asahi National Broadcasting Co., better known as TV Asahi, said Tuesday it chalked up consolidated net profits of 5.42 billion yen in the first half of fiscal 2001, up 1.6 percent from a year earlier.

The broadcaster posted these interim gains after slashing its extraordinary losses to 648 million yen. A year earlier, the firm had booked one-time losses of 1.82 billion yen, including 65.9 billion yen in appraisal losses on securities holdings.

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