Yahoo Japan profit rises 20 pct

Yahoo Japan Corp., has gained quarterly profit of 20 percent as it signed up more users to its auction site and fascinated more stores on its online mall.

Net income rose to 15.2 billion yen ($125 million) in the quarter ended December 31 against 12.7 billion yen a year earlier. Its predicted profit range was 13.7 to 15.2 billion yen. The result compared with a standard forecast of 15.4 billion yen from four analyst polled by Reuters Estimates.

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