Placeholder image

Konica Minolta’s positive Half Year update

October 30, 2018

The OEM’s latest consolidated financial results have been released, covering the six months from April to September 2018, and it was a succession of pleasing figures for the Japanese firm.

The company’s revenue in HY1 2018 reached ¥517 billion ($4.57 billion/€4.03 billion), a 5.9 percent increase from the figure of ¥488.1 billion ($4.32 billion/€3.8 billion) in the equivalent period of 2017.

There was further good news for Konica Minolta with its operating profit, which rose from ¥20.4 billion ($180.6 million/€159.1 million) to ¥34.6 billion ($306.4 million/€269.9 million), a 69.1 percent increase.

Profit before tax also went up, from ¥19 billion ($168.2 million/€148.2 million) to ¥33.1 billion ($293.1 million/€258.2 million), a 74 percent increase, whilst profit for the period climbed to ¥23.2 billion ($205.4 million/€181 million), from 2017’s ¥13.5 billion ($119.5 million/€105.3 million), a 72.2 percent rise.

The company’s total comprehensive income for the period was ¥39.7 billion ($351.6 million/€309.7 million), up 39.9 percent from the first half of 2017.


Categories : City News

Tags :

Leave a Reply