August 9, 2018
The OEM has published its latest financial results, for the second quarter of the current financial year (ending June the 30th).
Net sales for the period suffered a drop from last year, coming in at ¥114.4 billion ($1.03 billion/€888 million), 1.1 percent down from ¥115.6 billion ($1.04 billion/€897.3 million) in 2017.
However, there was rosier news in the company’s operating profit, which totalled ¥4.26 billion ($38.3 million/€33.06 million), an increase of 26.9 percent from last year’s figure of ¥3.36 billion ($30.2 million/€26.08 million).
The company’s ordinary profit also increased, by 9.9 percent year-on-year, rising from ¥3.05 billion ($27.4 million/€23.6 million) in the equivalent period last year to ¥3.35 billion ($30.1 million/€26 million) in 2018.
Categories : City News