Allied Telesis Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017
Allied Telesis reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net sales of JPY 6,906,608,000 compared to JPY 7,684,360,000 a year ago. Operating loss was JPY 62,597,000 compared to operating income of JPY 54,549,000 a year ago. Ordinary loss was JPY 340,119,000 compared to JPY 792,538,000 a year ago. Loss before income taxes was JPY 338,442,000 compared to JPY 568,154,000 a year ago. Loss attributable to owners of parent was JPY 307,541,000 against JPY 488,841,000 a year ago. Net loss per Share was JPY 2.82 compared to JPY 4.48 a year ago. Interest-bearing debt was JPY 7,046 million.