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Epson releases latest financial results

Epson releases latest financial results

October 29, 2020

The OEM has released its consolidated financial results for the six months period ended 30 September 2020.

For the six months period 1 April 2020 to 30 September 2020, recording ¥439.117 billion ($4.21 billion/ €3.6 billion) of revenue, a year-on-year decrease of 14.9%. Operating profit for the period was ¥14.661 billion ($141 million/ €120 million), a year-on-year decrease of 23.4%.

Epson also revised its forecasts for the year ending March 2021 to expected sales of ¥960 billion ($9.21 billion/ €7.87 billion) of revenue, a ¥30 billion ($288 million/ €246 million) decrease from the previous forecast.

Categories : City News

Tags : Business Epson Financials OEM

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