October 31, 2018
The OEM has published its financial data for both the second quarter, and the first half, of the current financial year, ended September the 30th, and it’s a raft of positive news for the Japanese firm.
Sales revenue in Q2 reached ¥413.1 billion ($3.65 billion/€3.21 billion), up 5.1 percent from the figure of ¥393.1 billion ($3.47 billion/€3.06 billion) in the same period of 2017.
Operating profit also rose, by 19.7 percent, to total ¥45.4 billion ($401.4 million/€353.8 million), up from ¥38 billion ($335.9 million/€296.1 million) last year.
There was a further rise in profit before income taxes, which climbed from ¥41.4 billion ($366 million/€322.6 million) in 2017 to ¥50.2 billion ($443.8 million/€391.2 million) in 2018, an increase of 21.2 percent.
For the first half of the year (HY1), it was a broadly similar story. Sales revenue climbed 8.4 percent, from ¥738.3 billion ($6.52 billion/€5.75 billion) to ¥800.6 billion ($7.07 billion/€6.24 billion), whilst operating profit rose from ¥69.2 billion ($611.8 million/€539.3 million) to ¥82.6 billion ($730.3 million/€643.8 million) – a 19.2 percent climb.
There was a 16.4 percent increase in profit before income taxes, too, which hit ¥105.6 billion ($933.6 million/€823 million), up from ¥90.7 billion ($801.9 million/€706.9 million) in the first six months of 2017.
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