TOKYO (dpa-AFX) - (Amended: replaces quarter with first half in second and
third paragraphs)

Nippon Telegraph and Telephone Corp. (NTT) reported Tuesday that its first-half
profit attributable to the company dropped 3.7 percent to 670.84 billion yen
from the prior year's 696.61 billion yen. Earnings per basic share dropped to
7.87 yen from 7.88 yen last year.

Operating profit for the first half declined 4.6 percent to 950.95 billion yen
from 996.54 billion yen in the prior year.

Operating revenues for the first half, however, grew 1.2 percent to 6.36
trillion yen from 6.29 trillion yen in the prior year.

Looking ahead for fiscal 2024, the company still expects profit attributable of
1.26 trillion yen or 14.80 yen per basic share, up 3.5 percent from last year,
and operating profit to grow 6.6 percent to 1.95 trillion yen, while operating
revenues to drop 0.6 percent to 13.06 trillion yen.

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